SCENARIO 12-6 You Are the Manager of a Development Group

question 108

Multiple Choice

SCENARIO 12-6 You are the manager of a development group in a large computer software company.You have decided that it is important for your group to understand the many ways that ethical decisions can be made and are designing a training program on the subject of ethics.
-Refer to Scenario 12-6.You decide to emphasize the ethical criterion that currently dominates business decision making.Which criterion is this?

• A)utilitarian
• B)justice
• C)rights
• D)synectics
• E)moral development

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Definitions:

Cash Payments Journal

An accounting journal used to record all cash payments made by a company, including expenses and debtor payments.

Control Account Balance

Refers to the total balance in a general ledger account that summarizes the balances of subsidiary ledger accounts.

Subsidiary Ledger

A ledger containing the details to support a summary line item in the General Ledger, such as accounts receivable or accounts payable.

General Ledger

A comprehensive set of accounts that records all financial transactions of a business and is used to prepare financial statements.