Examlex
Which of the following organizations supports the growth and professionalism of management accounting practice?
Utilitarian View
An ethical philosophy 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.
Greatest Good
A principle often associated with utilitarianism, focusing on actions that aim to maximize happiness or benefit for the greatest number of people.
Terminal Values
Deeply held beliefs or goals that individuals consider as their ultimate life objectives.
Instrumental Values
These are values that are seen as a means to an end, guiding individuals on how to reach their goals or desired outcomes.
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