In determining the ethics of an alternative, the theory would encourage a decision maker to consider whether benefits and burdens are allocated fairly.

Utilitarian Theory

In determining the ethics of an alternative, the Utilitarian or teleological theory would encourage a decision maker to consider whether benefits and burdens are allocated fairly. This theory believes that ethical choice gives the best results. In this theory, there is an assumption that good and harm can be quantified and we can calculate its effect on our actions.

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.

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