100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Test Bank Ethical Obligations and Decision-Making in Accounting: Text and Cases, 6th Edition by Steven Mintz and William Miller A+ $12.99   Add to cart

Exam (elaborations)

Test Bank Ethical Obligations and Decision-Making in Accounting: Text and Cases, 6th Edition by Steven Mintz and William Miller A+

 7 views  0 purchase
  • Course
  • Institution
  • Book

Test Bank Ethical Obligations and Decision-Making in Accounting: Text and Cases, 6th Edition by Steven Mintz and William Miller A+..

Preview 4 out of 404  pages

  • September 14, 2024
  • 404
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
avatar-seller
Created by: A Solution


Test Bank Ethical Obligations and Decision-Making in
Accounting: Text and Cases, 6th Edition by Steven
Mintz and William Miller A+
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or answers
the question.


1) What is the common characteristic of Aristotle's virtues and ethical standards for CPAs?


A) truthfulness
B) integrity
C) loyalty
D) due care




2) Jane finds a material misstatement while auditing a client's accounts receivables. Her
senior tells her to ignore the misstatement so that the client does not get upset. Jane wants to be
viewed as a team player in order to advance in the firm, so Jane follows her senior's instructions
and ignores the misstatement. Which ethical theory did Jane use to make her decision?


A) egoism
B) justice
C) virtue ethics
D) utilitarianism




3) Which of the following situations would be considered ethical?



A+ Page 1

,Created by: A Solution


A) The cashier at Wal-Mart gives you $5 more than you were supposed to receive and you
don't do anything about it.
B) You accidentally back into a car at Wal-Mart and leave your information for them to


call.




C) You receive fake $20 bills and use them in a store while knowing they are fake.
D) You find a phone in a restaurant and keep it.




4) Which of the following characteristics does not describe the importance of integrity in
decision making?




A) Acting out of moral principle
B) Being loyal to one's superior
C) Having the courage to do the right thing
D) Not subordinating professional judgment to others




5) Which of the following characteristics does not describe the behavior of Cynthia Cooper
in the WorldCom fraud?


A) persistence
B) competence
C) integrity
D) conformity

A+ Page 2

,Created by: A Solution




6) The ancient Greeks thought of the virtues as characteristics of behavior that


A) could lead to a good life.
B) make up the "six pillars of character".
C) support the rights theory.
D) rationalize unethical actions.




7) Which of the following elements does not make up an integral part of what is meant by
"ethics"?


A) accepted standards of behavior
B) knowing the difference between right and wrong
C) always following the law
D) the moral point of view




8) Ethical relativism can best be described as




others.


A) a point of view that morality is relative to the norms of one's culture.

A+ Page 3

, Created by: A Solution


B) a concept that holds that integrity should be maintained in the face of pressure by


C) an ethical reasoning method that holds one should always act out of self-interest.
D) an ethical reasoning method that holds one should always consider the effect of one's


actions on others.




9) Which of the following is not a pillar of character according to the Josephson Institute?


A) caring
B) citizenship
C) respect
D) judgmental




10) Which of the following is not an element of trustworthiness according to the Six Pillars
of Character?


A) reliability
B) loyalty
C) fairness
D) honesty




11) An accountant who blows the whistle on financial wrongdoing by his/her employer by
going outside the entity violates



A+ Page 4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ASolution. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78252 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling

Recently viewed by you


$12.99
  • (0)
  Add to cart