Which of the Following Philosophical Principles of Ethics Places Emphasis

question 53

Multiple Choice

Which of the following philosophical principles of ethics places emphasis on the consequences of action,rather than on following the rules?

• A)Imperative principle.
• B)Utilitarianism principle.
• C)Generalization principle.
• D)Moral principle.

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Definitions:

GAAP or IFRS

Standards and principles that provide the framework for financial accounting and reporting, with GAAP used in the United States and IFRS internationally.

Objectivity and Verifiability

Accounting principles emphasizing the importance of unbiased financial information and the ability to confirm the accuracy of this data.

Just-In-Time (JIT)

A manufacturing strategy that aims to reduce inventory levels and increase efficiency by producing products only as they are needed.

Defects Tolerated

The acceptable number or percentage of defects or errors allowed in a production or manufacturing process.