The Three Major Categories of an Ethical Framework Are

question 25

Multiple Choice

The three major categories of an ethical framework are:

• A)utility, virtue, and values.
• B)universal rights, values, and moral principles.
• C)universal rights, cultural norms, and morals.
• D)consequences, principles, and personal character.

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Definitions:

Liability Insurance

Insurance that provides protection against claims resulting from injuries and damage to people and/or property.

Prepaid Insurance

An asset account representing insurance payments made in advance for future coverage periods.

Journal Entries

Recorded transactions in the accounting records of a business that are used to transfer amounts from one account to another.

Advertising Campaign

A series of advertisement messages that share a single idea and theme which make up an integrated marketing communication.