What is meant by the term ethical dilemma? Describe an ethical dilemma that you have faced.
Explain the ethical dilemma. Provide an example of an ethical dilemma.
Explanation of Solution
Ethical dilemma:
An ethical dilemma is a conflict between two moral responsibilities of a person. In an ethical dilemma, the selection of one moral responsibility will lead to the violation of another moral responsibility. The person is compelled to meet both the moral responsibilities, but he has to opt only one of them. It creates a dilemma of selection.
Provide an example of an ethical dilemma:
Two friends work in an organization. A has seen B stealing the office equipment from the office premises. Now A is in the ethical dilemma of saving his old friend or being loyal to the company. This situation creates ethical dilemma for A.
Thus, the conflict between two moral responsibilities is known as an ethical dilemma.
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Chapter 3 Solutions
Principles of Auditing & Other Assurance Services (Irwin Accounting)
- Utilitarianism does not require which of the following actions when a person considers how to resolve an ethical dilemma? a. Identification of the potential problem and courses of action. b. Identification of the potential direct or indirect impact of actions on each affected party who has an interest in the outcome. c. Identification of the motivation of the person facing the ethical dilemma. d. Assessment of the desirability of each action for each affected party.arrow_forwardWhich of the following is not a step in the outline for examining ethical issues? Establish the facts of the situation. Evaluate each course of action. Make a decision. Confirm decision with FASB.arrow_forwardRefer to the Why It Matters feature “What Is Professional Judgment?” Explain the term professional judgment.arrow_forward
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