If an Action Is Ethical from an Outcome-Based Perspective, It

question 49

True/False

If an action is ethical from an outcome-based perspective, it is always ethical from a duty-based perspective.

---

Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating efficiency in managing and selling stock.

Acid-test Ratio

A stringent test that measures the liquidity of a company by comparing its most liquid assets (excluding inventory) against its short-term liabilities.

Receivable Turnover

A financial ratio that measures how efficiently a company collects on outstanding accounts receivable during a particular period.

Inventory Turnover

A financial ratio indicating how many times a company has sold and replaced inventory over a period.