Which of the Following Is an Issue Associated with the Utilitarian

question 25

Multiple Choice

Which of the following is an issue associated with the utilitarian approach to ethics?

• A) It can lead to poor decisions if a person chooses to emulate the wrong person.
• B) It permits decisions that may hurt some stakeholders,as long as the majority benefits from the action.
• C) It cannot work in tandem with other approaches to ethics.
• D) It does not directly address the consequences of the actions-only the "court of opinion" holds the actions to have been virtuous.

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Definitions:

Fiscal Period

A specific time period used for accounting purposes and financial reporting, typically a year, broken into quarters or months.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.

Adjusting Entries

Journal entries made in accounting records at the end of an accounting period to update account balances before preparing financial statements.

Net Income

The residual financial benefit a company experiences after expenses and taxes are subtracted from its income.