Question

In: Economics

When a company decides to utilize a _________________________________________ it has made a commitment to bridging the...

When a company decides to utilize a _________________________________________ it has made a commitment to bridging the gap between rhetoric and its performance based on its core values.

A utilitarian approach

B post-conventional approach

C responsibility audit

D financial audit

Solutions

Expert Solution

The correct option is B , i.e. post-conventional approach.

REASON :

Post-conventional approach , this concept was given by Lawrence Kohlberg ,which deals with morality and decisions are based on rights, values, duties or principles which are universable.

OPTION A is incorrect .

REASON : Deals with consequences or outcomes ,i.e. the net benefits and costs to all stakeholders on an individual level.

OPTION C is incorrect .

REASON:  It deals with an opinion on whether management has fairly presented the information in the financial statements or not.

OPTION D is incorrect.

REASON : Financial Audit deals with financial statements of company.


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