Explain How an Institutional Review Board IRB)operates and How It

question 19

Essay

Explain how an institutional review board IRB)operates and how it classifies research.

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Definitions:

Ethical Responsibility

Ethical responsibility refers to the moral obligation to act correctly towards others, including considerations of fairness, justice, and respecting the rights of individuals and the community.

Contingent Liability

A potential liability that has arisen as the result of a past event; it is not a definitive liability until some future event occurs.

Balance Sheet

A financial statement that displays a company's financial position at a specific point in time, listing assets, liabilities, and equity.

Probable

Likely to occur or to be true, often used in accounting to describe the likelihood of a future event affecting financial statements.