Which of the Following Statement Does not Accurately Describe an Attribute

question 256

Multiple Choice

Which of the following statement does not accurately describe an attribute or feature of ethical decision making?

• A) The "ethics double-check" should address the question: "How would I feel if my family found out about this decision?"
• B) The "ethics double-check" should address the question: "How would I feel if this decision were published in the local newspaper?"
• C) The "ethics double-check" should be done during step 3 of the decision-making process.
• D) Any discomfort in answering the "ethics double-check" questions signifies that the decision may have ethical shortcomings.
• E) Only major managerial decisions need to meet the criteria of the "ethics double-check."

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Definitions:

Equity Method

An accounting technique used to record investments in other companies by recognizing income and changes in investment value.

Book Value

The net value of an asset or liability recorded in financial statements, calculated as original cost minus accumulated depreciation or amortization.

Available-for-sale Debt Investment

A type of financial asset representing debt instruments that a company plans to sell before their maturity date but are not actively traded for profit in the short term.

Unrealized Gain-Equity

An increase in the value of an investment or asset that has not been sold, as recorded in the equity section of the balance sheet.