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Simora [160]
3 years ago
15

Steaks n’ Fries Restaurant Company’s decision makers view a particular risk in the consumption of Steaks n’ Fries’ products as o

pen and obvious. Continuing to market the products without explicitly telling consumers of the risk could be justified from a perspective ofA) ​duty-based ethics.
B) ​corporate social responsibility.
C) ​religious ethical principles.
D) ​outcome-based ethics.
Business
1 answer:
sasho [114]3 years ago
8 0

Answer:

The correct option is D, outcome-based ethics.

Explanation:

Duty-based  ethics preaches the idea that one should be seen doing the right thing at all times regardless of the consequences of one's actions, it is unlike the utilitarian approach to ethics where what is wrong or right is a function of having the greatest good for the greatest number of people not minding whether the approach used is wrong or right.

Corporate social responsibility involves the additional efforts put in by corporations in  a bid to give back to society.

Religious ethical principles is about concluding on right or wrong using the lenses of religion.

Outcome-based ethics is a sharp contrast to duty-based ethics, as the outcome or consequence is what justifies the moral right or wrong. in other words the end justifies the means.

You might be interested in
Cash $38,600 Short-term investments 9,000 Accounts receivable 40,000 Inventory 240,000 Prepaid expenses 17,400 Accounts payable
ZanzabumX [31]

Answer:

Current ratio and Acid-test ratio (3.15 and 0.80)

Explanation:

Note: The missing part of the question is <em>"Using the following year-end information for Bauman, LLC, calculate the current ratio and acid-test ratio:</em>"

i. Current ratio = Current assets/Current liabilities

Current assets = 38,600 + 9,000 + 40,000 + 240,000 + 17,400

Current assets = $345,000

Current liabilities= 87,200 + 22,300

Current liabilities = $109,500

Current ratio = $345,000 / $109,500

Current ratio = 3.15

ii. Acid-test ratio = {Current assets - (Inventory + Prepaid expenses)}/Current liabilities

Acid-test ratio = 345,000- (240,000  + 17,400 ) / 109,500

Acid-test ratio = 87,600 / 109,500

Acid-test ratio = 0.80

5 0
3 years ago
Goods in process inventory account of a manufacturing company that uses an overhead rate based on the direct labor cost has a 4,
mafiozo [28]

Answer:

Overhead absorption rate

= Overhead absorbed/Actual labour cost x 100

= $4,400/$800  x 100

= 550% of direct labour cost

Explanation:

Since the overhead absorbed is $4,400, there is need to divide the overhead absorbed by actual direct labour cost multiplied by 100. This gives the overhead application rate.

7 0
3 years ago
Beachside Coffee Shop, in an effort to streamline its accounting system, has decided to utilize a cash receipts journal in its o
Kisachek [45]

Answer:

the available options for the question are,

A. Cash Cr. $18, Food Revenue Dr. $18,

B. Cash Dr. $18, Food Revenue Dr. $18

C.Cash Dr. $18, Food Revenue Cr. $18

D. Cash Cr. $18, Food Revenue Cr. $18

and the correct answer is C.Cash Dr. $18, Food Revenue Cr. $18

Explanation:

the answer is simple. once they implement the accounting system, all the transaction will have at least a double entry.

when a cash sale is made for $18, this is a revenue stream for the business, while the cash balance of the business increases as well. Revenue account is an income and an increase in income is treated as increase in credit while the cash balance is an asset, and the increase of the asset is treated as a debit.

if you look at options A, B and D, all of these transactions are either mixed up or have both credits or debits which is wrong, because of this, only the answer C is correct.

5 0
3 years ago
John has two hours of free time this evening. He ranked his alternatives, first go to a concert, second go to a movie, third stu
sasho [114]

Answer:

a.Attending a movie

Explanation:

The opportunity cost is the cost or value or the item foregone. That is way opportunity cost is also known as alternative foregone.

It is also known as the real cost. When the wants are listed in a scale of preference in the order of priority, the limited resources is used to satisfy the first item on the list while the next unfulfilled want is the opportunity cost.

Therefore, for John, the opportunity cost is attending the movie, option a.

6 0
3 years ago
Which of the following is true of both paying with a check and paying with a debit card? A. Both work like a loan from your bank
Sedaia [141]
<span> B. When used, both take money directly out of a bank account.</span>
7 0
3 years ago
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