A Colleague at Work Takes Small Amounts of Office Supplies

question 24

Multiple Choice

A colleague at work takes small amounts of office supplies for her own personal use,saying that this is a tiny loss to the company.You tell her that if everyone were to take office supplies,then the loss would no longer be minimal.Your rationale expresses which of the following ethical principles?

• A)Kant's Categorical Imperative
• B)The Golden Rule
• C)The Risk Aversion Principle
• D)The "No free lunch" rule
• E)The slippery-slope rule

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Definitions:

Required Rate

The minimum return an investor expects to achieve by investing in a project, often used as a benchmark to assess its viability.

Average Accounting Return

The average accounting return is a financial ratio that measures the profitability of an investment as the average net income the investment generates divided by the book value of the investment's initial cost.

Straight Line Method

A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.