Under This Approach What Is Important Is That the Decision

question 8

Multiple Choice

Under this approach what is important is that the decision was made for the right reasons:

• A)Deontology
• B)Distributive Justice
• C)Utilitarianism
• D)Moral Imagination
• E)Virtue Ethics

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Definitions:

Standard Cost

A predetermined cost of manufacturing, labor, and materials, used for setting budgets and controlling costs.

Actual Cost

The real cost incurred for goods, services, or other items, as opposed to budgeted or estimated costs.

Budget Performance Report

A report comparing actual financial performance with the planned or budgeted performance.

Budgeted Amounts

Estimated financial figures for revenues, expenses, assets, and liabilities prepared for future periods.