How Are Things Like Negative Environmental Impacts Accounted for in a Project

question 37

Multiple Choice

How are things like negative environmental impacts accounted for in a project proposal?

• A) Mark downs
• B) Regulatory accounting
• C) Process tracing
• D) Externalities
• E) Depreciation schedule

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Definitions:

Greatest Good

A principle often associated with utilitarianism, which suggests that actions should be judged as morally right if they contribute to the highest good or happiness for the greatest number of people.

Moral Idealism

An ethical philosophy which considers certain actions as inherently right or wrong, regardless of their outcomes.

Utilitarianism

An ethical theory that posits the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number of people.

Personal Moral Philosophies

Individual sets of beliefs and principles regarding what is right or wrong, guiding personal behavior and ethical decisions.