With Respect to Ethics, the Justice-Based Approach

question 36

Multiple Choice

With respect to ethics, the justice-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:

Causation

The action of causing something, indicating a relationship between two events where one is the effect of the other.

Correlation Coefficients

A metric showing how much two or more variables change in relation to one another.

Predictions

The act of forecasting future events based on current or past trends, patterns, or data.

Happiness

A state of well-being and contentment characterized by feelings of joy, satisfaction, and fulfillment.