Matching Key Terms and Descriptions (Each Can Be Used More

question 26

Multiple Choice

Matching Key Terms and Descriptions (each can be used more than once)
-Focuses on the results or consequences of the decision or action.

• A)Deontological approach
• B)Teleological (or Consequential) approach
• C)Virtue ethics approach

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Definitions:

Tax Authority

The governmental organization responsible for enforcing tax laws and collecting taxes.

Cash Flow

This represents the total amount of money being transferred in and out of a business, especially in terms of operational, investment, and financing activities.

Employees

Employees refer to individuals hired by an organization or company to perform specific duties in exchange for compensation.

Business Owner

An individual who owns and operates a business entity, assuming all risks and rewards of the venture.