Consequentialist (Or Utilitarian) Reasoning Justifies Action in Terms of the Outcomes

question 22

Multiple Choice

Consequentialist (or utilitarian) reasoning justifies action in terms of the outcomes generated (e.g., the greatest good for the greatest number of people) .Such reasoning is part of which argument for corporate social responsibility?

• A)ethical
• B)moral
• C)rational
• D)economic

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Definitions:

Traditional Costing System

A cost allocation system that assigns costs to products based on an average overhead rate, without the detailed processes of activity-based costing.

Predetermined Overhead Rate

A rate used to allocate overhead costs to products or services, based on estimated activity levels.

Activity-Based Costing

A costing method that assigns costs to products or services based on the activities and resources that contribute to their production.

Expected Activity

The anticipated level of operations or production activity, often used in the budgeting process or for setting performance standards.