An Ethical Theory That Urges Managers to Take Those Actions

question 81

Multiple Choice

An ethical theory that urges managers to take those actions that provide the greatest pleasure after having subtracted the pain or harm associated with the action in question is called ________.

• A) Deontology
• B) Utilitarianism
• C) Kantian ethics
• D) Absolutism
• E) Ethical relativism

Understand the components and requirements of financial statements and proxy statements as regulated by the SEC.

Comprehend the exemptions from SEC registration requirements and the conditions under which they apply.

Grasp the operational and financial support structure of the SEC.

Acknowledge the function and influence of the Public Company Accounting Oversight Board (PCAOB) within the accounting and auditing sectors.

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Definitions:

Attitude

A settled way of thinking or feeling about something, typically reflected in a person's behavior.

Groupthink

A mental effect experienced by a collective, where the pursuit of agreement or uniformity among members leads to choices that are illogical or not functional.

Components

Fundamental parts or elements that make up a system or compound.

Attitude

A psychological tendency expressed by evaluating a particular entity with some degree of favor or disfavor.