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9 Cards in this Set
- Front
- Back
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imperative principle |
do what is right |
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generalization argument |
do what is right but filter the action by consideration of the consequences |
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utillitarian principle |
do what produces the greatest good |
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the principle of consistency |
consider what would be the consequences if everyone made the same choice that you are about to make |
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the principle of respect |
choose the alternative choice that treats people with the greatest respect |
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corporate social responsibility |
a firms obligations to society including the welfare of people and places affected by its activities |
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csr actions |
provide quality products or services engage in eihicalaccounting and principled business practices be responsible for fair treatment of employees meet the firms obligations to all stakeholders (customers suppliers creditors lenders and investors) care for and protect the environment |
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internal controls |
a system of rules and procedures designed to ensure the accuracy and reliability of financial and accounting information |
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internal control procedures |
preventative: preventing accidental errors and irregularities(intentional misrepresentations) feedback: identifying errors and irregularities for corrective action |
