The Four Basic Steps in Ethical Decision Making Are: Define

question 7

True/False

The four basic steps in ethical decision making are: define all the facts and circumstances,identify the people affected,determine the alternative decisions and consequences,and make the decision and carry it out.

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Definitions:

Compounded Monthly

The process where interest is calculated and added to the principal sum of an investment or loan on a monthly basis.

Contributions

Payments or services provided by individuals or organizations towards a common goal or benefit.

Initial Deposit

The first sum of money placed into an account or investment.

Regular Interest

Interest that is paid at a standard rate on investments or charged on loans over a fixed period.