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.

Question

Quizplus · Accepted Answer

The justice-based approach is primarily concerned with equity and impartiality, meaning that auditors should treat all stakeholders fairly and equally. This approach emphasizes the importance of procedural justice, meaning that the process by which decisions are made must be fair and transparent. While verifying ownership of tangible assets is important from a control standpoint, it is not necessarily a part of the justice-based approach. The approach also does not focus solely on individual rights, nor does it solely consider costs and benefits.

With Respect to Ethics, the Justice-Based Approach