Several Studies of Unethical Behaviour in a Business Setting Have

question 35

Multiple Choice

Several studies of unethical behaviour in a business setting have concluded that business people may not realise they are behaving in an unethical manner,primarily because:

• A)they fail to ask if the business decision is ethical.
• B)they acknowledge the need for human rights.
• C)they are aware of the cultural differences between countries.
• D)they are driven by the acquisition of profits.

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Definitions:

Absorption Costing

A bookkeeping approach that encompasses the total expenses of production, including direct materials, direct labor, along with both variable and fixed overhead costs, into the pricing of a product.

Unit Product Cost

The total cost (both fixed and variable) to produce a unit of product, used for setting prices and analyzing efficiency.

Absorption Costing

An accounting method where all manufacturing costs, including both variable and fixed costs, are allocated to produced units, thus ‘absorbing’ them.

Unit Product Cost

The total cost associated with producing a single unit of a product, calculated by dividing the total production costs by the number of units produced.