In Considering Whether or Not to Do a Certain Action

question 59

Multiple Choice

In considering whether or not to do a certain action based on ethical reasoning,a manager asks herself: "If I act in this way,would my family approve of my actions?" Which of the following ethical principles is she applying?

• A) The ends-means ethic
• B) The intuition ethic
• C) The organization ethic
• D) The disclosure rule

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Definitions:

Net Operating Income

The earnings from a company's core business operations, indicating the efficiency in managing its operational costs.

T-Accounts

A visual representation of accounts used in double-entry bookkeeping, showing debits on the left and credits on the right, to track the balance of each account.

Manufacturing Overhead

The indirect costs associated with manufacturing, covering expenses like maintenance, utilities, and staff salaries not directly involved in production.

Cost of Goods Sold

The total cost incurred by a company to manufacture or acquire products sold during a specific period.