MORAL RELATIVISM Your company has just acquired GameCo, a small but very profitable online casino. You are
Question:
MORAL RELATIVISM
Your company has just acquired GameCo, a small but very profitable online casino. You are part of the team responsible for integrating GameCo's financial records into the parent company's accounting system. As part of your review you become concerned that GameCo may not be complying with Australian gambling regulations, which require details of each transaction to be captured in order to prevent money laundering. When you raise this with GameCo's financial controller, they tell you 'As you'll learn, we do things differently in the online space. Besides, our servers are all in Bermuda, so we're untouchable'.
Required
Explain the difference between moral relativism and universalism. Use this distinction to critically evaluate the comments from the financial controller and outline your response.
Step by Step Answer:
Financial Reporting
ISBN: 9780730396413
4th Edition
Authors: Janice Loftus, Ken Leo, Sorin Daniliuc, Belinda Luke, Hong Nee Ang, Mike Bradbury, Dean Hanlon, Noel Boys, Karyn Byrnes