Which of the Following Is NOT a Reason Often Given

question 23

Multiple Choice

Which of the following is NOT a reason often given for acting unethically?

• A) All legal behaviour is ethical.
• B) It was not known that the action was unethical.
• C) It is a course of action undertaken by everyone else.
• D) There is a reduced likelihood of being discovered.

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Definitions:

Applied Overhead

Applied overhead refers to the estimated amount of overhead costs allocated to particular cost objects based on a predetermined rate, used to assign indirect costs to products or services.

Variance Measured

The process of determining the difference between expected and actual performance, costs, or revenues for the purpose of financial analysis and control.

Variable Overhead

Overhead costs that fluctuate with the level of production output, such as utilities for machinery or costs for raw materials.

Direct Labour Hour

A measure of the amount of time a worker spends on direct production activities.