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In Thorne's Model of Ethical Decision Making, the Instrumental Virtues

question 55

Multiple Choice

In Thorne's model of ethical decision making, the instrumental virtues relate to:


Definitions:

Cost of Goods Sold

Represents the direct costs attributable to the production of the goods sold in a company.

Raw Materials

The basic materials that are processed or used in the manufacturing of goods or finished products.

Predetermined Overhead Rate

A calculated figure used for assigning the estimate of manufacturing overhead costs to individual units of production, based on a set rate determined at the beginning of an accounting period.

Direct Materials Cost

The total cost of all the raw materials used in the production of a product or service.

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