Informational Justice Is Fostered When Authorities Adhere to the Rules

question 52

Multiple Choice

Informational justice is fostered when authorities adhere to the rules of

• A) voice and accuracy.
• B) justification and truthfulness.
• C) equity and equality.
• D) consistency and accuracy.
• E) respect and propriety.

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Definitions:

Loss Account

An account that records the expenses that exceed revenues, indicating a negative financial performance over a period.

Debt Investments

Investments in government and corporation bonds.

Net Proceeds

The amount of money received from a sale after subtracting all related expenses and costs.

Fair Value

Amount for which a security could be sold in a normal market.