Auditing: A Risk Based-Approach to Conducting a Quality Audit
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN: 9781305080577
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: South-Western College Pub
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Chapter 4, Problem 50RSCQ
To determine

Concept introduction: The utilitarian theory favors the actions which result in overall happiness or goodness and discourages the actions that cause bad results or harm. The theory can be applied to social, economic, or political aspects, which always looks for the betterment.

The ethical dilemma is a critical situation where different angles of the law or ethics raise a boundary for performance or non-performance of a task.

To indicate:The utilitarian theory andits applicability to resolve an ethical dilemma along with its limitation.

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Auditing: A Risk Based-Approach to Conducting a Quality Audit

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