Which of the Following Is True Regarding the Relationship Between

question 47

Multiple Choice

Which of the following is true regarding the relationship between ethical relativism and situational ethics?

• A) Like ethical relativism, situational ethics requires that we evaluate the morality of an action by imagining ourselves in the position of the person facing the ethical dilemma; but unlike ethical relativism, situational ethics allows us to judge other people's actions.
• B) Like ethical relativism, situational ethics requires that we evaluate the morality of an action by imagining ourselves in the position of the person facing the ethical dilemma and also like ethical relativism, situational ethics allows us to judge the actions of others.
• C) While the two theories are similar, ethical relativism upholds the existence of objective moral standards whereas situational ethics refuses to recognize the existence of objective moral standards.
• D) Ethical relativism and situational ethics are the same theory.
• E) There is no relationship between ethical relativism and situational ethics because the theories are fundamentally opposed to each other.

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Definitions:

Equivalent Units

A concept in cost accounting used to express the amount of work done by incomplete units in terms of fully completed units.

Average Cost Method

An inventory costing method that determines the cost of goods sold and ending inventory based on the average cost of all similar items available during the period.

Milling Blanks

The process of machining raw materials into a preliminary shape before further processing.

Sheet Steel

Thin, flat steel that is produced in sheets, commonly used in automotive manufacturing, construction, and appliance manufacturing.