An accountant responsible for making a decision that optimises the outcome for the most number of stakeholders is said to be following which approach to decision making?

Question

Quizplus · Accepted Answer

The teleological approach to decision making is focused on the ultimate goal or outcome and considers the impact on all stakeholders. Therefore, an accountant who makes a decision that optimises the outcome for the most number of stakeholders is following the teleological approach.

An Accountant Responsible for Making a Decision That Optimises the Outcome