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Accounting Ethics Exam 1 With 100% Correct And Verified Answers

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Accounting Ethics Exam 1 With 100% Correct And Verified Answers

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Accounting Ethics Exam 1 With 100%
Correct And Verified Answers
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 -
Correct Answer-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 -
Correct Answer-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



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,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 -
Correct Answer-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 -
Correct Answer-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


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, e)Is associated with John Rawls of Harvard University -
Correct Answer-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 - Correct Answer-e)All of the above

Enlightened Egoism :




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