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Accounting Ethics Exam 1 Questions and Verified Answers, 100- Guarantee Pass (Latest 2025)

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Accounting Ethics Exam 1 Questions and Verified Answers, 100- Guarantee Pass (Latest 2025)

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AICPA Ethics Exm
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AICPA Ethics Exm
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AICPA Ethics Exm

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Uploaded on
January 26, 2025
Number of pages
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Written in
2024/2025
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Accounting Ethics Exam 1 Questions and
Verified Answers, 100% Guarantee Pass
(Latest 2025)
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 Answers ✅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 Answers ✅d)Traces its origins back to the ancient
Greeks, Plato and Aristotle


Utilitarianism is a school of ethical thought that:

,Accounting Ethics Exam 1 Questions and
Verified Answers, 100% Guarantee Pass
(Latest 2025)
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 Answers ✅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 Answers ✅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

, Accounting Ethics Exam 1 Questions and
Verified Answers, 100% Guarantee Pass
(Latest 2025)
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 Answers ✅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".

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