Which of the Following Is a Philosophy That Focuses on the Consequences

question 48

Multiple Choice

Which of the following is a philosophy that focuses on the consequences of an action to determine if it is right or wrong and expresses the idea that anything that negatively affects the majority of people in a situation is morally wrong?

• A) utilitarianism
• B) social responsibility
• C) preconventional morality
• D) distributive justice

Recognize different costing methods: variable, full, and absorption costing.

Identify the costs included and excluded in the inventory carrying cost.

Analyze the advantages of using perpetual inventory systems in specific business settings.

Estimate inventory holding gains or losses under FIFO earnings numbers.

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Definitions:

Glucose

An elementary sugar vital for energy in living entities and a key element of several carbohydrate types.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in the air and absorbed by plants in photosynthesis.

Monosaccharides

Simple sugars that are the most basic form of carbohydrates, including glucose and fructose.

Isomers

Molecules having the same number and types of atoms but differing in their three-dimensional arrangement.