Which of the Following Is NOT a Classification for Ethical

question 73

Multiple Choice

Which of the following is NOT a classification for ethical theories?

• A) Humanitarian
• B) Rule-based
• C) Consequential
• D) Cultural

Identify and explain the variances in overhead, labor, and materials costs.

Recognize the role and responsibility of different departments in variance analysis and standard cost setting.

Differentiate between various types of standards such as ideal, normal, and tight standards.

Understand how standard costs contribute to management planning, control, and decision making.

---

Definitions:

Dividend Yield Ratio

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, often expressed as a percentage.

Market Price

The present cost at which a service or asset is available for purchase or sale.

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue, indicating how effectively assets are utilized.

Generate Sales

The activity of creating or increasing revenue through the sale of goods or services.