The Problem of a Compliance Approach in Implementing Global Standards

question 2

Multiple Choice

The problem of a compliance approach in implementing global standards is that it can result in:

• A)Achieving informal compliance without considering ethical consequences
• B)Achieving a true and fair view with respect to the auditor's report
• C)Achieving a dual system of boards of directors
• D)Achieving formal compliance without considering ethical consequences

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Definitions:

Fairness

The quality of treating people equally without favoritism or discrimination.

General Framework

A broad system or structure that provides guidance or support for activities, processes, or methodologies within a particular domain.

Ethical Issue

A problem or situation that requires a person or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).

General Framework

A foundational structure, set of guidelines, or system that serves as a basis for developing something more specific or detailed.