difference morality and ethics?

Q: B. Do you think cultural diversity is an asset or a liability? Justify your views with three…

A: Cultural Diversity is an asset because of the following reasons: 1) Diverse perspectives: It helps…

Q: Explain why moral problems may be of greater intensity than nonmoral problems.

A: Given: The moral problems will have greater intensity than nonmoral problems

Q: Is the agency problem an ethical issue or an Economic issue ?

A: The agency problem is a conflict of interest

Q: Differentiate the common misconceptions and controversies on the prohibition of Riba.

A: Riba means excess, addition, growth or augmentation. It is divided in to two categories…

Q: Describe the approaches for Comparing Defender and Challenger?

A: The following are the approaches for comparing defender and challenger: Cash flow approach: Treat…

Q: What are International Ethical Standards?

A: Ethics:   In business, ethics refer to implementation of business policies and practices that an…

Q: Explain why the process of ethical decision making depends on a number of moral, social,…

A: The ethical decision-making process is essentially a process which determines the right or wrong…

Q: What is the goal of conservatism?

A: Definition:

Q: Explain what conservatism means, and give an example in your own words.

A: Conservatism in accounting means to safeguard. Conservatism principle states the losses should be…

Q: critically discuss the advantages and disadvantages of rights issue.

A: Right issues is raising money from existing shareholders by providing more equity to existing…

Q: What is the first stage in Ackerman model of social responsibility?

A: Option  b

Q: Why is a preemptive right important?

A: Preemptive rights means the rights to  be offered to purchase a property before it is offered to…

Q: What are three ethical principles that may provide some guidance for ethical responsibility?

A: Definition: Ethics can be defined as a conduct adopted by an individual in making the selection…

Q: What is a reasonableness test?

A: Reasonableness tests is an analytical procedure used to examine the validity of the accounting…

Q: What is the purpose of the Maceda Law?

A: The Maceda Law, also known as The Realty Installment Buyer Act or Republic Act 6552 is the law that…

Q: What is inshoring?

A: It is the opposite of offshoring. Inshoring is a process wherein the business is moved back from…

Q: What are threats and safeguards to independence?

A: American Institute of Certified Public Accountants (AICPA):   It is an association of certified…

Q: When is independence required?

A:

Q: on based

A: There are three main models of the judicial decision-making that explain how judges come to a…

Q: What is Overt Discrimination?

A: Overt discrimination is an explicit display of unequal treatment given to a certain individual or…

Q: What is the Rights Issue?

A: The Rights issue is the issue of a definite proportion of Shares to the existing shareholders of the…

Q: Think of two [ of your ] real life examples about concervatism principle

A: Define Conservatism principle as follow

Q: According to cognitivism:

A: Cognitivism is based on how information is received, organized, analyzed, stored, and retrieved by…

Q: Define the term conservatism concept.

A: Conservatism: Conservatism is an accounting assumption, it is as an approach used by the accountants…

Q: What is a fortuitous event? Is there any difference between a fortuitous event and a force majeure?

A: In Chile, a chance occasion is an idea characterized by law in which mitigates the obligor from…

Q: form of opinion you would consider the most appropriate

A: The entity has made proper disclosure regarding the takeover of other company and expected increase…

Q: Generally speaking, what kinds of reactions and events characterize the absorptive state? The…

A: Solution-   In an absorptive state, the amounts of nutrients are high. It is nothing but a fed…

Q: What are self-interest threat, self-review, and advocacy threats? Give an example of each threat.

A: The integrity of the financial statements depends upon the independence of the auditor. It means…

Q: Why is a policy statement important?

A: A policy statement or an investment policy statement is a document created by the investment…

Q: From the following options, which option appropriately describes an ethical decision? a. Decision…

A: Ethical decision means evaluating and choosing among alternatives in a manner consistent with…

Q: o you understand by the term ias 38 and what are its criteria, advantages and disadvantage in real…

A: IAS 38 intangible assets outlines the accounting necessities for intangible assets, which are…

Q: Is "true and fair view" the same as truth? Give reason for your answer

A: true means that it is in accordance with truth or reality. fair means to be without any bias

Q: mples) through w

A: The Agency systemThe Agency device may be very popular in the modern-day commercial enterprise…

Q: Describe the term Legitimized disagreement and skepticism?

A: Disagreement means not giving the consent or objecting to something such as a proposal or people's…

Q: What is conflict of interest?

A: Conflict of interest: Conflict of interest occurs when a person derives personal benefits by…

Q: Define Conservatism.

A: Conservatism: Conservatism is an accounting assumption, it is as an approach used by the accountants…

Q: What is meant by the do-nothing alternative?

A: Do-nothing alternative means that there will not be sufficient facilities created to solve the…