AICPA Ethics Exam 2026 | Updated Practice Questions, Answers & Study Guide

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AICPA Ethics Exam 2026(NEW UPDATED VERSION) LATEST ACTUAL EXAM QUESTIONS AND
CORRECT ANSWERS (VERIFIED QUESTIONS AND ANSWERS)- GUARANTEED PASS A+ UPDATED




Ethical Decision Making Model - CORRECT ANSWER helps you actively work
through gray area and choose the best possible solution to an ethical dilema


Step 1: Recognize the ethical issue
Step 2: Gather the critical facts
Step 3: Identify the stakeholders
Step 4: Consider your alternatives
Step 5: Consider the effect on stakeholders
Step 6: Consider your comfort level
Step 7: Consider rules, regulations and laws
Step 8: Make a decision
Step 9: Document your efforts
Step 10: Evaluate the outcome



QUESTION : Step 1 - CORRECT ANSWER Recognize the ethical issue



QUESTION : Step 2 - CORRECT ANSWER Gather the critical facts



-you may not have all the facts, but you need the key ones (material)



QUESTION : Step 3 - CORRECT ANSWER Identify the stakeholders



-who is affected by your decisions/actions



practice exam 2026

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-consider as many as possible



QUESTION : Step 4 - CORRECT ANSWER Consider your alternatives



-approaches you could take to address this matter and resolve the ethical conflict



QUESTION : Step 5 - CORRECT ANSWER Consider the effect on stakeholders



-effect of each alternative



QUESTION : Step 6 - CORRECT ANSWER Consider your comfort level



-how comfortable are you with each option
-how would you feel if you have to discuss your decision in public



QUESTION : Step 7 - CORRECT ANSWER Consider rules, regulations, and laws



-rules set by AICPA, state accountancy board, state CPA society



QUESTION : Step 8 - CORRECT ANSWER Make a decision



-take the time you need
-discuss with colleague, gain perspectives, counsel, don't be hasty



QUESTION : Step 9 - CORRECT ANSWER Document your efforts




practice exam 2026