1
ACCOUNTING ETHICS EXAM 1 SQUESTIONS WITH
CORRECT| 100% RATED CORRECT !! | 100% SURE
PASS
Deontology is a school of ethical thought that:
a)Considers the rights and duties of stakeholders
b)Defines the "right" course of action in terms of
consequences to the decision maker.
c)Evaluates the consequences of actions (harms and
Benefits) to the stakeholders
d)Traces its origins back to the ancient Greeks, Plato and
Aristotle
e)Is associated with John Rawls of Harvard University -
-Solution -a)Considers the rights and duties of
stakeholders
" Value Ethics":
a)Considers the rights and duties of stakeholders
b)Defines the "right" course of action in terms of
consequences to the decision maker.
c)Evaluates the consequences of actions (harms and
Benefits) to the stakeholders
d)Traces its origins back to the ancient Greeks, Plato and
Aristotle
e)Is associated with John Rawls of Harvard University -
-Solution -d)Traces its origins back to the ancient
Greeks, Plato and Aristotle
Utilitarianism is a school of ethical thought that:
a)Considers the rights and duties of stakeholders
,2
b)Defines the "right" course of action in terms of
consequences to the decision maker.
c)Evaluates the consequences of actions (harms and
Benefits) to the stakeholders
d)Traces its origins back to the ancient Greeks, Plato and
Aristotle
e)Is associated with John Rawls of Harvard University -
-Solution -c)Evaluates the consequences of actions
(harms and Benefits) to the stakeholders
Egoism:
a)Considers the rights and duties of stakeholders
b)Defines the "right" course of action in terms of
consequences to the decision maker.
c)Evaluates the consequences of actions (harms and
Benefits) to the stakeholders
d)Traces its origins back to the ancient Greeks, Plato and
Aristotle
e)Is associated with John Rawls of Harvard University -
-Solution -b)Defines the "right" course of action in
terms of consequences to the decision maker.
The Theory of Social Justice:
a)Considers the rights and duties of stakeholders
b)Defines the "right" course of action in terms of
consequences to the decision maker.
c)Evaluates the consequences of actions (harms and
Benefits) to the stakeholders
d)Traces its origins back to the ancient Greeks, Plato and
Aristotle
e)Is associated with John Rawls of Harvard University -
, 3
-Solution -e)Is associated with John Rawls of Harvard
University
The ethical Theory of Social Justice is unworkable and
undesirable in reality because:
a)It assumes that Allocation decisions are made by
disinterested persons without considering their own
self-interest - Do such persons exist? It does not say who
determines what is socially beneficial? Are such
decisions made by Bureaucratic Czars? Obviously all the
people can't vote on every decision. In the absence of
people working against their own self-interest it would
require an authoritarian body to make economic
allocation decisions, which history has shown results in
massive abuses of human rights.
b)It Ignores the rights of the top earners in society and
by so doing discourages people from working to better
themselves and society, thus society declines
c)It has common aspects to Carl Marx's theory "from
each according to his abilities, to each according to his
needs". Marx's theory of communism has shown itself
to be an -
-Solution -e)All of the above
Enlightened Egoism :
a)Considers the well-being of others within the scope of
deciding on a course of action based on self-interest.
b)Is similar to Karma in that good comes to the decision
maker by doing good to others
c)Is not a workable theory in reality
d)Answers a and b above are correct -
ACCOUNTING ETHICS EXAM 1 SQUESTIONS WITH
CORRECT| 100% RATED CORRECT !! | 100% SURE
PASS
Deontology is a school of ethical thought that:
a)Considers the rights and duties of stakeholders
b)Defines the "right" course of action in terms of
consequences to the decision maker.
c)Evaluates the consequences of actions (harms and
Benefits) to the stakeholders
d)Traces its origins back to the ancient Greeks, Plato and
Aristotle
e)Is associated with John Rawls of Harvard University -
-Solution -a)Considers the rights and duties of
stakeholders
" Value Ethics":
a)Considers the rights and duties of stakeholders
b)Defines the "right" course of action in terms of
consequences to the decision maker.
c)Evaluates the consequences of actions (harms and
Benefits) to the stakeholders
d)Traces its origins back to the ancient Greeks, Plato and
Aristotle
e)Is associated with John Rawls of Harvard University -
-Solution -d)Traces its origins back to the ancient
Greeks, Plato and Aristotle
Utilitarianism is a school of ethical thought that:
a)Considers the rights and duties of stakeholders
,2
b)Defines the "right" course of action in terms of
consequences to the decision maker.
c)Evaluates the consequences of actions (harms and
Benefits) to the stakeholders
d)Traces its origins back to the ancient Greeks, Plato and
Aristotle
e)Is associated with John Rawls of Harvard University -
-Solution -c)Evaluates the consequences of actions
(harms and Benefits) to the stakeholders
Egoism:
a)Considers the rights and duties of stakeholders
b)Defines the "right" course of action in terms of
consequences to the decision maker.
c)Evaluates the consequences of actions (harms and
Benefits) to the stakeholders
d)Traces its origins back to the ancient Greeks, Plato and
Aristotle
e)Is associated with John Rawls of Harvard University -
-Solution -b)Defines the "right" course of action in
terms of consequences to the decision maker.
The Theory of Social Justice:
a)Considers the rights and duties of stakeholders
b)Defines the "right" course of action in terms of
consequences to the decision maker.
c)Evaluates the consequences of actions (harms and
Benefits) to the stakeholders
d)Traces its origins back to the ancient Greeks, Plato and
Aristotle
e)Is associated with John Rawls of Harvard University -
, 3
-Solution -e)Is associated with John Rawls of Harvard
University
The ethical Theory of Social Justice is unworkable and
undesirable in reality because:
a)It assumes that Allocation decisions are made by
disinterested persons without considering their own
self-interest - Do such persons exist? It does not say who
determines what is socially beneficial? Are such
decisions made by Bureaucratic Czars? Obviously all the
people can't vote on every decision. In the absence of
people working against their own self-interest it would
require an authoritarian body to make economic
allocation decisions, which history has shown results in
massive abuses of human rights.
b)It Ignores the rights of the top earners in society and
by so doing discourages people from working to better
themselves and society, thus society declines
c)It has common aspects to Carl Marx's theory "from
each according to his abilities, to each according to his
needs". Marx's theory of communism has shown itself
to be an -
-Solution -e)All of the above
Enlightened Egoism :
a)Considers the well-being of others within the scope of
deciding on a course of action based on self-interest.
b)Is similar to Karma in that good comes to the decision
maker by doing good to others
c)Is not a workable theory in reality
d)Answers a and b above are correct -
