One of the Problems of the Utilitarian Tradition of Ethics

question 48

Multiple Choice

One of the problems of the utilitarian tradition of ethics is:

• A)its need to count,measure,compare,and quantify consequences.
• B)its lack of focus on the possible results of actions.
• C)its tendency to excessively focus on individual welfare.
• D)its reliance on unmeasurable and abstract actions.

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Definitions:

Process Costing System

A process costing system is an accounting method used to allocate costs to units of product in continuous or repetitive processes, suitable for industries producing homogeneous products.

Conversion Costs

Conversion costs are manufacturing expenses incurred in converting raw materials into finished products, including direct labor and manufacturing overhead.

First-In, First-Out

An inventory valuation method where the oldest inventory items are recorded as sold first.

Process Costing System

A method used in accounting and management to assign production costs to units of output, typically used for processes that produce large quantities of similar items.