Act utilitarianism states that‚ when faced with a choice‚ we must first consider the likely consequences of potential actions and‚ from that‚ choose to do what we believe will generate the most pleasure. The rule utilitarian‚ on the other hand‚ begins by looking at potential rules of action. To determine whether a rule should be followed‚ he or she looks at what would happen if it were constantly followed. If adherence to the rule produces more happiness than otherwise‚ it is a rule that morally
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AQ 7.2 Explain how the principle of separation of duties is violated in each the following situations. Also suggest one or more procedure to reduce risk‚ and exposure highlighted in each of example. Solving Problems: a. A payroll clerk recorded 40-hour workweek for an employee who had quit the previous week. He then prepared a paycheck for this employee‚ forged her signature‚ and cashed the check. Violation: The payroll clerk only has an authority to prepare the paycheck‚ not to signature
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UTIILITARIANISM SECTION (1) INTRODUCTION We noted‚ last week‚ that UTILITARIANISM is a version of CONSEQUENTIALISM in that it holds that the RIGHT action (in any given situation) is the action WHICH HAS THE WHICH HAS THE BEST CONSEQUENCES; CONSEQUENTIALIST ethical theories may be contrasted with DEONTOLOGICAL – or
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Ethical Dilemma Executive Summary By: HARRY PAYE Week 1 Assignment This case is about Jackson Daniels a CPA who is faced with an ethical dilemma due to the discovery that the budget he prepared for management to extend a particular project was faulty and the projected values were overstated. Legally the implementation of the project on this faulty budget has the potential to expose management to possible lawsuit from creditors who believe that they were mislead‚ it also will cost management
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groups September 2011- December 2013 Czarnowski Project Coordinator Answer Phones Write Letters Create meetings and calendar events Assist with various office duties and file documents May 2011-August 2011 Mommy and Me ESOL Center Caregiver Help Take Care of Students Assisted Students in Reading and Writing Keep Center Clean Help Mothers with Reading October 2012 – April 2013 Erbil Jewlers Sales Rep. Greet Customers Meet seasonal sales goals Education 2009- 2011 Clarkston High
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Ethical Issues in Managerial Accounting HSBC ethical and legal scandal Overview HSBC is one of the largest financial institutions in the world‚ with over $2.5 trillion in assets‚ 89 million customers‚ 300‚000 employees‚ and 2011 profits of nearly $22 billion. HSBC has operations in over 80 countries‚ with hundreds of affiliates spanning the globe. Its parent corporation‚ HSBC Holdings‚ called “HSBC Group” is headquartered in London. Its key U.S. affiliate is HSBC Bank USA N.A. (HBUS)
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Consequentialism is frequently criticized on a number of grounds. Two of these are particularly apt for revealing the temptations motivating the alternative approach to deontic ethics that is deontology. The two criticisms pertinent here are that consequentialism is‚ on the one hand‚ overly demanding‚ and‚ on the other hand‚ that it is not demanding enough. The criticism regarding extreme demandingness runs like this: for consequentialists‚ there is no realm of moral permissions‚ no realm of going
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Ethical Issues in Information Systems Table of Contents 1. Introduction New Technology And New Ethical Issues 2. Networks Definition of a Network 3. Behavior on the Network New Standards of Conduct Netiquette Acceptable Use Policies Exporting Through the Networks Copyrights 4. Networks Access 5. Networks and Privacy 6. Databases Data Mosaics Data Sharing and Consequences 7. Geographic Information Systems International Data: Taking and Sharing Sources on Databases and GIS (Ethical Issues) Ethical
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Accounting Information Systems‚ 12e (Romney/Steinbart) Chapter 1 Accounting Information Systems: An Overview 1) Which of the following statements below shows the contrast between data and information? A) Data is the output of an AIS. B) Information is the primary output of an AIS. C) Data is more useful in decision-making than information. D) Data and information are the same. Answer: B Page Ref: 4 Objective: Learning Objective 1 Difficulty : Easy AACSB: Analytic 2) Information
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Accounting is the financial information system that provides these insights. In short‚ to understand your organization‚ you have to know the numbers. Accounting consists of three basic activities—it identifies‚ records‚ and communicates the economic events of an organization to interested users. You cannot earn a living‚ spend money‚ buy on credit‚ make an investment‚ or pay taxes without receiving‚ using‚ or dispensing financial information. Good decision making depends on good information
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