Which ethical norm considers whether a particular act optimizes the benefits to those who are affected by it?

A) Utility
B) Rights
C) Justice
D) Caring
E) Respect

Answer: A
Explanation: A) The ethical norm of utility considers whether a particular act optimizes the benefits to those who are affected.

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Which of the following organizations is responsible for the creation and governance of accounting standards in the United States?

A) Financial Accounting Standards Board B) Institute of Management Accountants C) American Institute of Certified Public Accountants D) Securities and Exchange Commission

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Real Property does not include:

a. air rights b. trade fixtures c. improvements d. mineral rights

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