Question

Ethics question!! What is the top priority for a professional engineering to consider when working on...

Ethics question!!

What is the top priority for a professional engineering to consider when working on a project?

1- Environmental impact

2- End user safety

3- Cost to the company

4- Income tax benefits

Homework Answers

Answer #1

Correct Answer:

B. (2)

It is the safety, health and security of the end users and or public that is the top priority from ethical point of view as well as professional conduct. It shows that intention of the professional engineers and engineering services to look after the safety of people and it is ethical as per the deontological approach. Further, it is for the benefits of the majority of the society when their safety is given the top priority. Hence, utilitarian approach is also applied to make it ethical conduct.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Question 3 Which of the following is TRUE concerning value-engineering? Question 3 options: 1-After a product's...
Question 3 Which of the following is TRUE concerning value-engineering? Question 3 options: 1-After a product's design has been value-engineered, costs are difficult to influence. 2-Value-engineering activities reduce both value-added and non-value-added costs. 3-The goal of value-engineering is to eliminate locked-in costs. 4-When and how costs are locked in are more important than when and how costs are incurred. 5-Value-engineering does not work when dealing with direct costs. Question 4 (1 point) The three major influences on pricing decisions are...
What would be the priority of the claims as to the distribution of assets in a...
What would be the priority of the claims as to the distribution of assets in a liquidation under Chapter 7 of the Bankruptcy Act? 1 is the highest claim, 5 is the lowest. (1) Trustees' costs to administer and operate the firm. (2) Common stockholders. (3) General, or unsecured, creditors. (4) Secured creditors, who have a claim to the proceeds from the sale of specific property pledged to secure a loan. (5) Taxes due to federal and state governments. a....
Ethics: Compilation Facts: • A Chicago area manufacturing company (“JKL”) has 2 unrelated owners. The CPA...
Ethics: Compilation Facts: • A Chicago area manufacturing company (“JKL”) has 2 unrelated owners. The CPA firm (“Flexible”) for the manufacturing company prepares annual compiled financial statements and corporate tax returns (1120S). In addition, Flexible prepares the personal income tax returns for one of the owners – a different tax accountant prepares the personal income tax returns for the other owner. The Company has a December 31st year end. • Toward the end of February each year, there is an...
Please show the formula from excel if you can. Thanks Question 1 : A company has...
Please show the formula from excel if you can. Thanks Question 1 : A company has the opportunity to expand its business operations by acquiring new plant and equipment. The plant and equipment will cost $80,000 and have a useful life of 6 years. At the end of the period the plant and equipment will have a salvage value of $10,000. The Tax Office allows the company to depreciate this equipment at 25% per annum using the prime cost method...
Consider a highway project with the following costs and benefits. This representation of costs and benefits...
Consider a highway project with the following costs and benefits. This representation of costs and benefits assumes the costs occur immediately and the benefits occur at the end of year 1, end of year 2 and the end of year 3. Year 0 1 2 3 Costs $470,000 Benefits $275,000 $295,000 $315,000 (a) Calculate the net present value of the project. Assume a discount rate of 4%. (b) Now suppose all the benefits occur at the start of each period....
QUESTION : Case Study – Network Design Suppose that you are working as part of a...
QUESTION : Case Study – Network Design Suppose that you are working as part of a team designing a network for XYZ high school. Consider that the school has six departments, Admin, Academic, Human Resource (HR), Finance, IT support and Sports. 1. Analyse the project hardware requirements along with the number of devices and cost. 2. Justify the approach you would be taking to design the network for the school. 3. Using the network simulator (such as packet tracer) design...
ABC Corporation is considering an expansion project. The proposed project has the following features: The project...
ABC Corporation is considering an expansion project. The proposed project has the following features: The project has an initial cost of $1,000,000 (machine: $800,000, insurance: $40,000, shipping $60,000, modification: $100,000) --this is also the amount which can be depreciated using the following 3 year MACRS depreciation schedule: Year Depreciation Rate 1 33% 2 45% 3 15% 4 7% The sales price and cost are both expected to increase by 4 percent per year due to inflation. If the project is...
CAPITAL BUDGETING CRITERIA: ETHICAL CONSIDERATIONS A mining company is considering a new project. Because the mine...
CAPITAL BUDGETING CRITERIA: ETHICAL CONSIDERATIONS A mining company is considering a new project. Because the mine has received a permit, the project would be legal; but it would cause significant harm to a nearby river. The firm could spend an additional $11 million at Year 0 to mitigate the environmental Problem, but it would not be required to do so. Developing the mine (without mitigation) would cost $69 million, and the expected cash inflows would be $23 million per year...
Question 26 (1 point) Retrospective voting is a type of bloc voting and occurs when: Question...
Question 26 (1 point) Retrospective voting is a type of bloc voting and occurs when: Question 26 options: 1) voters give votes to candidates based on promises made. 2) the elderly voters withhold votes to candidates based on a judgment of past performance. 3) voters tell their friends not to vote for a candidate based on the candidates' past performance. 4) elderly voters do not vote but think about the past times in which they have voted. Save Question 27...
Use this information for the next 3 questions: Lugar Industries is considering an investment in a...
Use this information for the next 3 questions: Lugar Industries is considering an investment in a new machine with the following information: Machine cost 250,000 Salvage value 50,000 Life 5 years Working Capital $0 (no working capital needed) Net operating expense savings: End of Year 1 $ 50,000 End of Year 2 $ 90,000 End of Year 3 $110,000 End of Year 4 $120,000 End of Year 5 $120,000 WACC 10% Tax rate 40% Assumed salvage value of the machine...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT
Active Questions
  • Suppose that people's heights (in centimeters) are normally distributed, with a mean of 170 and a...
    asked 4 minutes ago
  • Use the information from the following Income Statement to create and Projected Income Statement and solve...
    asked 17 minutes ago
  • An unequal tangent vertical curve has the following elements: g1=-3.25%, g2=75%, total length = 500.00’, length...
    asked 19 minutes ago
  • Please write clear definitions of the following legal terms. Commerce Clause Supremacy Clause Indictment Tort
    asked 24 minutes ago
  • Do you think Moralistic Therapeutic Deism is an accurate reflection of society today? What are relevant...
    asked 28 minutes ago
  • The mean operating cost of a 737 airplane is $2,071 per day. Suppose you take a...
    asked 37 minutes ago
  • Arguments can be made on both sides of this debate about the ethical implications of using...
    asked 43 minutes ago
  • In the Chapter, they mention the idea of strategizing around your cash flows. Why are cash...
    asked 48 minutes ago
  • Company A signed a fixed-price $6,500,000 contract to construct a building. At the end of Year...
    asked 49 minutes ago
  • An unequal tangent vertical curve has the following elements: g1=-3.25%, g2=1.75%, total length = 500.00’, length...
    asked 56 minutes ago
  • In a previous​ year, 61​% of females aged 15 and older lived alone. A sociologist tests...
    asked 1 hour ago
  • Topic: Construction - Subsurface Investigation (Note: Briefly discuss in your own words, 1 paragraph minimum.) Typically...
    asked 1 hour ago