The Only Accurate Statement About Consequentalism Is

question 59

Multiple Choice

The only accurate statement about consequentalism is:

• A) Utilitarianism is a nonconsequentialist ethical theory.
• B) Utilitarianism is an egoistic normative theory.
• C) Consequentialism says that the moral rightness of an action is determined solely by its results.
• D) Nonconsequentialists deny that consequences have any moral significance.

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Definitions:

Standard Quantity

This represents the expected amount of materials or inputs needed to produce a unit of product under normal conditions.

Actual Output

Actual output is the factual quantity of goods or services produced within a specified time frame, representing productivity.

Standard Price

The predetermined cost assigned to materials, labor, or overhead for the purposes of budgeting and variance analysis.

Material Price Variance

The difference between the actual cost of direct materials and the expected (standard) cost, indicating budgetary performance.