Answer:
The answer is d. duty-based ethics.
Explanation:
Duty-based ethics, also known as deontological ethics, state that actions themselves are either right or wrong, regardless of the consequences. People who follow duty-based ethics believe there are universal standards that should be followed.
In the example, Duane and Elizabeth believe it is right to be ecologically conscious, and altruist with those in need, even if that may affect their own economy.
Answer:
c. Issuing accounting standards that must be followed by issuers in financial reporting.
Explanation:
The Sarbanes-Oxley Act of 2002 was established under the Federal law to oversee the accounting industry by creating the Public Company Accounting Oversight Board.
The Public Company Accounting Oversight Board is a standard setting body for matters related to registered public accounting firms including auditing and quality control. The Generally Accepted Accounting Principles is a combination of authoritative standards set by policy boards which aims to improve the clarity, consistency of the communication of financial information.
The Public Company Accounting Oversight Board however is not an accounting standard setting body and does not regulate the Generally Accepted Accounting Principles affecting the financial statements of issuers.
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Answer:
Plato
Explanation:
He believe you are born with ideas
