Which of the Following Ethical Principles Is Based on the Idea

question 33

Multiple Choice

Which of the following ethical principles is based on the idea that a manager can do whatever he wants as long as he does not break the law?

• A) The principle of equal freedom
• B) The conventionalist ethic
• C) The Doctrine of the Mean
• D) The disclosure rule

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Definitions:

Direct Labor Usage

The total amount of labor directly involved in the manufacturing process, often used in calculating production costs and efficiency.

Factory Wages Payable

An account representing the amounts owed to manufacturing personnel for wages that have been earned but not yet paid.

Work in Process Inventory

Goods in manufacturing that are partially completed; not yet ready for sale but more advanced than raw materials.

Direct Material Usage

The quantity of raw materials or supplies consumed in the production of goods or services.