Brad Is in an Electronics Store with His Parents

question 96

Multiple Choice

Brad is in an electronics store with his parents. He looks at the CDs and thinks for a moment that he could grab one and put it beneath his coat. As he considers this possibility, he decides not to do it because he might get caught and his parents would punish him. What stage of moral development does Brad's decision represent?

• A) preoperational
• B) preconventional
• C) autonomous moral principles
• D) conventional role conformity

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Definitions:

Pension Expense

The cost recognized in an accounting period related to the provision of pension benefits to employees.

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.

Expected Rate Of Return

The anticipated amount of profit or loss an investment will generate over a specific period, expressed as a percentage.

Interest Cost Component

Part of pension expense calculation that represents the increase in the pension obligation due to the passage of time.