A Leader That Takes a Political Stand on an Issue

question 20

Multiple Choice

A leader that takes a political stand on an issue for no other reason than to get re-elected is using which ethical theory?

• A) Ethical egoism
• B) Utilitarianism
• C) Altruism
• D) Collectivism

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Definitions:

Standard Cost System

A cost accounting system that assigns expected costs to products or services, used for budgeting and variance analysis.

Cereal

A food product made from processed grains, typically eaten as breakfast and often enriched with vitamins and minerals.

Materials Quantity Variance

The difference between the expected and actual quantity of materials used in production, reflecting efficiency in materials usage.

Materials Standards

The established specifications regarding the quality and quantity of materials to be used in production.