In accounting, ethics issues can arise in:

Question

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Ethical issues can arise in determining the best school of ethical thought as different schools have different views on what is considered ethical. For example, utilitarianism may prioritize maximizing overall happiness while deontological ethics may prioritize following moral duties regardless of outcomes. In asset valuation, ethical issues can arise if there is an inclination to overvalue or undervalue assets to manipulate financial statements for personal gain. Therefore, both determining the best school of ethical thought and asset valuation can potentially involve ethical considerations.

In Accounting, Ethics Issues Can Arise In