The Assumption That "If It's Not Illegal, It Must Be

question 37

Multiple Choice

The assumption that "If it's not illegal, it must be ethical," ignores which of the following?

• A) Domain of codified law
• B) Domain of ethics
• C) Domain of free choice
• D) Discretionary responsibility
• E) Domain of symbolism

---

Definitions:

Activity Cost Pool

A categorization in cost accounting that aggregates costs incurred for a specific activity, aiding in more accurate product or service costing.

Product Development

The creation of new products or improvements to existing products to meet customer needs or market opportunities.

Activity Rate

The predetermined overhead rate used in activity-based costing to allocate overhead costs to cost objects based on their usage of activities.

Engineering Change

A modification to a product’s design, production process, or materials, usually made to improve functionality or to reduce costs.