The Outcome Orientation Perspective of Ethics Is Called

question 87

Multiple Choice

The outcome orientation perspective of ethics is called

• A) psychological.
• B) philosophical.
• C) deontological.
• D) consequentialism.

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Definitions:

Pension Benefit Guaranty Corporation

A U.S. government agency that protects the retirement incomes of American workers in private sector defined benefit pension plans.

Defined Benefit Pension Plans

Retirement plans promising a specific benefit at retirement, which is usually calculated through formulas involving salary and years of service.

Other Postretirement Benefits

Benefits, other than pensions, provided to employees after they retire, such as health insurance.

Accrual Basis

An accounting method that records income and expenses when they are earned or incurred, regardless of when cash transactions happen.