Which One of the Following Would Represent an Ethical Dilemma

question 5

Multiple Choice

Which one of the following would represent an ethical dilemma for an auditor?

• A) being asked to undertake a non-assurance service for an audit client
• B) being asked to complete the audit for a non-profit organisation for no fee
• C) being treated with cancellation of the audit by a client for not agreeing with management's treatment of an accounting issue
• D) being approached to tender for the audit of a newly formed company

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Definitions:

Prevented Industrialization

The hindrance or delay of the industrial development process in a country or region, often due to external or internal factors.

Colonization

The act of establishing control over a foreign land and its people by a country or group, often leading to exploitation and cultural assimilation.

Abundant Natural Resources

The availability of a large quantity of natural materials that can be utilized for economic gain, such as minerals, forests, and water.

Long Hours

Working time that extends beyond the typical or standard working hours, often associated with high demands and stress.