What Is a Factor That May Influence the Effectiveness of an Audit

question 79

Multiple Choice

What is a factor that may influence the effectiveness of an audit committee?

• A) the leadership style of the chairperson
• B) auditor rotation
• C) number of auditors on the audit team
• D) experience of its members

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Definitions:

Justice

The principle of moral righteousness and fairness that governs individual behavior and societal laws.

Beneficence

A principle in ethics and morality that refers to the act of doing good or performing actions for the benefit of others.

Difference Principle

A concept from John Rawls' theory asserting that inequalities in social and economic distribution are acceptable only if they benefit the least advantaged members of society.

Double Effect

A principle in ethics that allows actions which have both a positive and a negative effect, especially in medical ethics where the aim is to relieve suffering even if it may hasten death.