In: Economics
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
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.