Which of the Following Strategies May Be Considered an Unethical

question 10

Multiple Choice

Which of the following strategies may be considered an unethical way to increase reported profit?

• A)recognise $3 000 of accrued wages when in reality $2 000 wages are owing
• B)sell inventory at reduced prices in a special Saturday Sale
• C)depreciate a machine over eight years ,when its estimated life is six years
• D)record $100 received from a customer as unearned revenue instead of revenue

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Definitions:

Ovaries

Female reproductive organs that produce eggs and hormones, such as estrogen and progesterone.

Stereotype

A set of simplistic, rigidly held, overgeneralized beliefs about a particular type of individual or group of people, an idea, and so on.

Factual Statement

A statement that can be proven true or false, based on objective evidence.

Value Judgment

An evaluation as “good” or “bad” based on moral or ethical standards rather than objective ones.