With respect to ethics, the rights-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 rights-based approach in ethics argues that an individual's actions should not violate the rights of any individual, thus highlighting the importance of respecting the rights of all stakeholders involved in business decisions. This approach tries to balance the rights of different parties involved and ensures that everyone is treated fairly and equally.

With Respect to Ethics, the Rights-Based Approach