Which of the Following Sets of Preferences Satisfies the Property

question 186

Multiple Choice

Which of the following sets of preferences satisfies the property of transitivity?

• A) Cookies are preferred to brownies. Brownies are preferred to ice cream. Ice cream is preferred to cookies.
• B) Cookies are preferred to pie. Brownies are preferred to pie. Pie is preferred to cookies.
• C) Cookies are preferred to ice cream. Ice cream is preferred to brownies. Cookies are preferred to brownies.
• D) Cookies are preferred to pie. Ice cream is preferred to cookies. Pie is preferred to ice cream.

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Definitions:

Social Responsibility

The concept of organizations and individuals acting in a manner that considers the long-term impacts of their actions on the environment and society as a whole.

Ethics-Auditing

The process of reviewing and assessing the moral and ethical standards and practices within an organization to ensure compliance and integrity.

Auditing Activity

The systematic examination and evaluation of the financial statements, records, and operations of an organization to ensure accuracy and compliance with established standards.

Standards

Established and widely accepted benchmarks or criteria within an industry or field that act as a framework for determining quality, performance, or compliance.