WGU D550 TASK 2 ETHICS FOR
ACCOUNTANTS CERTIFICATION PREPARATION
GUIDE
◉ Which ethical theory focuses on producing the greatest good for
the greatest number?
Answer: Utilitarianism
◉ Which ethical theory best applies when a CPA refuses to
manipulate earnings due to honesty?
Answer: Virtue ethics
◉ What is it called when someone follows the majority despite
believing it is wrong?
Answer: Groupthink
◉ What illustrates obedience to authority in an ethical scenario?
Answer: An employee complying with a manager's pressure to
ignore an accounting error
◉ What does ethical motivation mean?
Answer: Choosing ethics over personal gain
, ◉ Which ethical theory emphasizes protecting individual rights?
Answer: Rights theory
◉ Which ethical theory focuses primarily on fairness?
Answer: Justice
◉ What is making several small unethical decisions until they
become major violations called?
Answer: Incrementalism
◉ What comes immediately after recognizing an ethical issue?
Answer: Gather facts
◉ What is the primary responsibility of a CPA?
Answer: Serve the public interest
◉ What does integrity mean in the context of CPA ethics?
Answer: Being honest
◉ What does objectivity require?
Answer: Avoiding bias
ACCOUNTANTS CERTIFICATION PREPARATION
GUIDE
◉ Which ethical theory focuses on producing the greatest good for
the greatest number?
Answer: Utilitarianism
◉ Which ethical theory best applies when a CPA refuses to
manipulate earnings due to honesty?
Answer: Virtue ethics
◉ What is it called when someone follows the majority despite
believing it is wrong?
Answer: Groupthink
◉ What illustrates obedience to authority in an ethical scenario?
Answer: An employee complying with a manager's pressure to
ignore an accounting error
◉ What does ethical motivation mean?
Answer: Choosing ethics over personal gain
, ◉ Which ethical theory emphasizes protecting individual rights?
Answer: Rights theory
◉ Which ethical theory focuses primarily on fairness?
Answer: Justice
◉ What is making several small unethical decisions until they
become major violations called?
Answer: Incrementalism
◉ What comes immediately after recognizing an ethical issue?
Answer: Gather facts
◉ What is the primary responsibility of a CPA?
Answer: Serve the public interest
◉ What does integrity mean in the context of CPA ethics?
Answer: Being honest
◉ What does objectivity require?
Answer: Avoiding bias
