ACC 375 Week 1 DQs
ACC 375 Week 1 DQs
DQ1: Explain the concept of utility under the utilitarianism theory. How can a business achieve a level of utility?
DQ2: What is the connection between justice and utility under utilitarianism theory? What are a few assumptions and problems with utilitarianism theory?
DQ3: What are the similarities and differences between the concepts of justice under the utilitarianism theory and distributive justice theory? What is the difference between concepts of ethics and morality?
DQ4: What is meant by the term of management fraud? What are some red flags, or warning signs, associated with identifying fraud?
DQ5: What are some social and legal implications of management fraud? How can a company protect itself from fraudulent acts?
DQ 6: Explain the different types of risk, such as audit risk, inherent risk, control risk, and detection risk. How can a company assess its fraud risk?
