The Type of Behaviour That Would Be Regarded as Ethical

question 22

Multiple Choice

The type of behaviour that would be regarded as ethical is:

• A) blaming others for your own mistakes.
• B) refusing to manipulate the financial statements upon the request of the CFO.
• C) discussing a client's sensitive cash flow information with one of their competitors.
• D) using confidential information for personal gain.

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Definitions:

Consumption

The act of using goods and services to satisfy needs and wants, a key concept in economics relating to how goods and services are used.

Satisfaction

The degree of contentment or pleasure experienced from the fulfillment of a desire or the consumption of goods and services.

Marginal Utility

The increased value or pleasure an individual obtains from using another unit of a certain service or good.

Total Satisfaction

A measure of the overall happiness or contentment derived from consuming a combination of goods and services.