With Respect to Ethics, the Rights-Based Approach

question 37

Multiple Choice

With respect to ethics, the rights-based approach:

• A)suggests that auditors should always verify ownership of a client's material tangible assets.
• B)is primarily concerned with equity and impartiality.
• C)suggests that an individual's actions should not violate the rights of any individual.
• D)recognizes that decisions involve trade-offs between costs and benefits.

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Definitions:

Counterfeit Albums

Illegally produced copies of music albums that aim to mimic the original product for fraudulent sale.

Ethnic Succession

A theory suggesting that different ethnic groups move into, and subsequently out of, low-status and often criminally associated roles as part of a cyclical process driven by social and economic forces.

Extort

To obtain something through force, threats, or intimidation.

Sponsored

Supported financially by another party (often a company) in exchange for advertising or promoting their products or interests.