The problem of a compliance approach in implementing 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

Question

Quizplus · Accepted Answer

A compliance approach to implementing standards focuses solely on meeting the requirements of the standard without considering ethical consequences. This can result in achieving formal compliance but failing to address ethical issues or creating a culture of ethical behavior. Therefore, the best answer is D - achieving formal compliance without considering ethical consequences.

The Problem of a Compliance Approach in Implementing Standards Is