According to Utilitarianism, _____

question 21

Multiple Choice

According to utilitarianism, _____.

• A) results, not rules, are emphasized
• B) ethical action arises from doing one's duty
• C) duties are defined by rational thought
• D) emphasis is on what is the fair way to distribute goods among a group of people
• E) people give up certain rights to government in exchange for security

---

Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profit.

CVP Model Assumptions

Assumptions underlying Cost-Volume-Profit analysis, including constant sales price, variable and fixed costs, and operating efficiency.

Model Usefulness

The effectiveness and practicality of a theoretical model in explaining, predicting, or making decisions in real-world situations.

Operating Leverage Factor

A measure that assesses the degree to which a company can increase operating income by increasing revenue, highlighting the fixed versus variable costs structure.