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Question:
(a) Ethics is the set of moral principles by which people conduct themselves personally, socially, or professionally. Critically analyze the basic ethical values for business.
(b) Unethical business practices can affect your business, the amount you make in profits from one unhappy customer can translate into a lot more losses because of missed repeat business. Critically analyze the important ethical questions when considering a questionable course of action.
Schemes of fraud: Auditors must not be made liable for not tracking out ingenious and carefully laid schemes of fraud whenever there is nothing to arouse their suspicion, and
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