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_____ Typically Focuses on the End Result of Actions and Happiness

question 16

Multiple Choice

_____ typically focuses on the end result of actions and happiness created by them, whereas _____ emphasizes the means and motives by which actions are justified.


Definitions:

Direct Materials Cost

The expense incurred for raw materials that are directly incorporated into a finished product during the manufacturing process.

Direct Labor Cost

The total cost of labor directly involved in the production of goods or services.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits.

Cost

The amount of spending in monetary terms incurred in the production of goods or in providing services.

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