The Veil of Ignorance Illustrates the Viewpoint That

question 9

Multiple Choice

The veil of ignorance illustrates the viewpoint that:

• A) Most people are woefully uninformed about the meaning of fairness
• B) Justice should be applied blindly, without regard to a person's innate character traits, such as race or religion
• C) Resource allocation decisions should be made as if a decision-maker did not know his or her eventual status, or lack of status, in life
• D) Random distributions of societal wealth might well be superior to the system in effect in many societies today

---

Definitions:

Accounting Policy

Individual tenets, underpinnings, traditions, legislations, and tactics utilized by an establishment in crafting and showcasing its financial accounts.

Relevant Information

Data or facts that are applicable to a situation or problem, and can influence decision-making processes.

Depreciable Asset

A long-term asset for which the decline in value over time due to use and wear can be allocated over its useful life in a systematic manner.