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Refer to the Scenario below to answer the questions that follow.
Views of Ethics (Scenario)
You have just become aware of several accounting errors at your company that are significant in nature.As you plan how best to report the errors,you recall several perspectives on ethics that you learned in your management course at university.
-The ________ view of ethics uses a quantitative method for making ethical decisions by looking at how to provide the greatest good for the greatest number of people.
Corporations
Legal entities separate from their owners, created under state law, capable of conducting business, owning assets, and incurring liabilities.
Tort Theory
An area of law that deals with civil wrongs and damages caused by one party to another, not arising from contracts.
Deliberate
Intentionally considering or planning something.
Compensation
Payment or benefits provided to an employee or an individual for services rendered or as reparation for loss.
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