A Student Who Cheated on a Test Is Meeting with a Professor

question 26

Multiple Choice

A student who cheated on a test is meeting with a professor. The professors asks, "Is this the kind of person you want to be? Does a grade matter more to you than your integrity? Your moral character matters more than a grade on a test." The professor is emphasizing

• A) amoralism
• B) ends versus means
• C) virtue ethics
• D) utilitarianism

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Definitions:

Bad Debts Expense

The cost associated with accounts receivable that a company does not expect to collect due to customer default.

Receivables

Receivables, often called accounts receivable, are the funds owed to a company by clients or customers for goods or services already delivered or used but not yet paid for.

Bad Debts

Financial losses attributed to customers who fail to pay what they owe for purchased goods or services, often considered as an expense in accounting.

Adjustment

An accounting action that alters the value of accounts in the ledger to reflect their true balances at the period end, often related to expenses and revenues.