The Theory Asserting That the Morally Right Action Is the One

question 18

Multiple Choice

The theory asserting that the morally right action is the one covered by a rule that if generally followed would produce the most favorable balance of good over evil, everyone considered, is

• A) rule-egoism.
• B) act-utilitarianism.
• C) rule-Kantian.
• D) rule-utilitarianism.

---

Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards providing a global framework for how public companies prepare and disclose their financial statements.

Chart of Accounts

An organized list of all accounts used by an entity in its accounting system, facilitating the recording, reporting, and analysis of financial transactions.

Chart of Accounts

An organized list of all accounts in a business entity's financial records, each account accompanied by a reference number.

Account Numbers

Unique identifiers assigned to individual accounts within a company's accounting system, facilitating organization and tracking of financial transactions.