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Test Bank For Ethical Obligations And Decision-
Making In Accounting, Text And Cases 6th Edition
Steven Mintz, Roselyn Morris.Latest Update
2026/2027 A+
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Table of contents
Chapter 1: ethical reasoning: implications for accounting
Chapter 2: cognitive processes and ethical decision making in accounting
Chapter 3: organizational ethics and corporate governance
Chapter 4: aicpa code of professional conduct
Chapter 5: fraud in financial statements and auditor responsibilities
Chapter 6: motivation for fraudulent financial reporting
Chapter 7: consequences of earnings management: the need for ethical
leadership in accounting
Chapter 8: auditors’ legal liabilities and defenses
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Chapter 01 6e mintz answers included
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) 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 intoa car at wal-mart and leave your information for themto
Call.
C) You receive fake $20 bills and usethem 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 toone'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
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B) Competence
C) Integrity
D) Conformity
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 point of view that morality is relative to the norms of one's
culture.
A) A concept that holds that integrity should be maintained in the face of pressure by
B) An ethical reasoning method that holds one should always act out of self-interest.
C) 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 tothe josephson institute?
A) Caring
B) Citizenship
C) Respect
D) Judgmental
10) Which of the following is not an element of trustworthiness according tothe six pillars of
character?
A) Reliability
B) Loyalty
C) Fairness
Test Bank For Ethical Obligations And Decision-
Making In Accounting, Text And Cases 6th Edition
Steven Mintz, Roselyn Morris.Latest Update
2026/2027 A+
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
Table of contents
Chapter 1: ethical reasoning: implications for accounting
Chapter 2: cognitive processes and ethical decision making in accounting
Chapter 3: organizational ethics and corporate governance
Chapter 4: aicpa code of professional conduct
Chapter 5: fraud in financial statements and auditor responsibilities
Chapter 6: motivation for fraudulent financial reporting
Chapter 7: consequences of earnings management: the need for ethical
leadership in accounting
Chapter 8: auditors’ legal liabilities and defenses
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
Chapter 01 6e mintz answers included
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) 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 intoa car at wal-mart and leave your information for themto
Call.
C) You receive fake $20 bills and usethem 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 toone'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
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
B) Competence
C) Integrity
D) Conformity
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 point of view that morality is relative to the norms of one's
culture.
A) A concept that holds that integrity should be maintained in the face of pressure by
B) An ethical reasoning method that holds one should always act out of self-interest.
C) 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 tothe josephson institute?
A) Caring
B) Citizenship
C) Respect
D) Judgmental
10) Which of the following is not an element of trustworthiness according tothe six pillars of
character?
A) Reliability
B) Loyalty
C) Fairness
