That "depending" qualifier is very important.
I know a guy that spends his deer season in a stand where the only shot opportunity is pretty much straight down, at a range of 19-35 feet. For him, "hunting accurate" means little more than 'the projectile leaves the end of the barrel.'
To some people, 4-5 MoA is good enough.
I know a fair number of people that consider adequate hunting accuracy to be "five shots in the center of a paper plate at 200 yards". Or, in other words, about 2.5-3 MoA to stay in the center circle of a standard, flimsy 8" paper plate.
But not for me.
For me, "hunting accurate" is going to be 1-2 MoA - generally leaning toward 1.5 MoA and up.
2+ MoA is simply unacceptable to me.
Rifles that shoot 2 MoA or more get inspected, investigated, and improved. If no improvement can be found, they get rebuilt or sent on down the line to the next owner.
As I put it a few years ago, while discussing how I use my 6mm wildcat (Ruger 77) and a load that I worked up for my .270 Win (Ruger 77 Mk II)... "I like to be able to pick which hairs the bullet will be cutting on the way in [to the animal's vitals]."
1.5 MoA is okay for some types of hunting. But, generally, I'm looking for sub-MoA - and as far sub-MoA as I can get.
Part of making a clean kill is knowing exactly where that bullet will go - not just a rough idea of where it
should go. I won't knock other hunters for having lower standards; and I don't look down on other hunters that do have lower standards.
But for me (and at least one of my brothers), I generally want more precision in my hunting rifles than the average shooter is satisfied with in their "match" rifles.
The 77 Mk II in 7x57mm that I mentioned in a previous reply as being "hunting accurate" was with my set of standards in place. It's shooting roughly 1-1/4 to 1-3/4 MoA right now, with a variety of loads. To plenty of people, that's plenty good.
But not for me. It can do better, and I'm going to try to help it find a way. As is, it's not "bad enough" to warrant selling it and moving on. But it isn't quite good enough to keep my attention, either.
It can be better.
The 77/22s have a bad reputation for terrible accuracy, but I have no idea where it comes from. I've never met an actual owner that didn't love theirs.
Online? Sure... There are 335 million people that think they suck. But in person, from
actual owners... Not a bad word to be heard.
I was very surprised the first time I put mine (~2008 production) on paper at 100 yards.
With six different loads, it held 3/4" or better. With ALL loads tested, the largest group was 1.25".
Terrible accuracy.