AICPA Ethics Exam Questions with
Complete Solutions (Latest 2025)
Ethical Decision Making Model - Correct Answers ✅helps
you actively work through gray area and choose the best
possible solution to an ethical dilema
Step 1: Recognize the ethical issue
Step 2: Gather the critical facts
Step 3: Identify the stakeholders
Step 4: Consider your alternatives
Step 5: Consider the effect on stakeholders
Step 6: Consider your comfort level
Step 7: Consider rules, regulations and laws
Step 8: Make a decision
Step 9: Document your efforts
Step 10: Evaluate the outcome
Step 1 - Correct Answers ✅Recognize the ethical issue
Step 2 - Correct Answers ✅Gather the critical facts
-you may not have all the facts, but you need the key ones
(material)
Step 3 - Correct Answers ✅Identify the stakeholders
,AICPA Ethics Exam Questions with
Complete Solutions (Latest 2025)
-who is affected by your decisions/actions
-consider as many as possible
Step 4 - Correct Answers ✅Consider your alternatives
-approaches you could take to address this matter and
resolve the ethical conflict
Step 5 - Correct Answers ✅Consider the effect on
stakeholders
-effect of each alternative
Step 6 - Correct Answers ✅Consider your comfort level
-how comfortable are you with each option
-how would you feel if you have to discuss your decision in
public
Step 7 - Correct Answers ✅Consider rules, regulations, and
laws
, AICPA Ethics Exam Questions with
Complete Solutions (Latest 2025)
-rules set by AICPA, state accountancy board, state CPA
society
Step 8 - Correct Answers ✅Make a decision
-take the time you need
-discuss with colleague, gain perspectives, counsel, don't be
hasty
Step 9 - Correct Answers ✅Document your efforts
-your understanding of the facts
-who you consulted with and their professional affiliations
-your decision
Step 10 - Correct Answers ✅Evaluate the outcome
-would you have done anything differently
Professional & Regulatory Bodies - Correct Answers ✅set
ethics standards and rules for members of the accounting
profession
State CPA licensing boards
Complete Solutions (Latest 2025)
Ethical Decision Making Model - Correct Answers ✅helps
you actively work through gray area and choose the best
possible solution to an ethical dilema
Step 1: Recognize the ethical issue
Step 2: Gather the critical facts
Step 3: Identify the stakeholders
Step 4: Consider your alternatives
Step 5: Consider the effect on stakeholders
Step 6: Consider your comfort level
Step 7: Consider rules, regulations and laws
Step 8: Make a decision
Step 9: Document your efforts
Step 10: Evaluate the outcome
Step 1 - Correct Answers ✅Recognize the ethical issue
Step 2 - Correct Answers ✅Gather the critical facts
-you may not have all the facts, but you need the key ones
(material)
Step 3 - Correct Answers ✅Identify the stakeholders
,AICPA Ethics Exam Questions with
Complete Solutions (Latest 2025)
-who is affected by your decisions/actions
-consider as many as possible
Step 4 - Correct Answers ✅Consider your alternatives
-approaches you could take to address this matter and
resolve the ethical conflict
Step 5 - Correct Answers ✅Consider the effect on
stakeholders
-effect of each alternative
Step 6 - Correct Answers ✅Consider your comfort level
-how comfortable are you with each option
-how would you feel if you have to discuss your decision in
public
Step 7 - Correct Answers ✅Consider rules, regulations, and
laws
, AICPA Ethics Exam Questions with
Complete Solutions (Latest 2025)
-rules set by AICPA, state accountancy board, state CPA
society
Step 8 - Correct Answers ✅Make a decision
-take the time you need
-discuss with colleague, gain perspectives, counsel, don't be
hasty
Step 9 - Correct Answers ✅Document your efforts
-your understanding of the facts
-who you consulted with and their professional affiliations
-your decision
Step 10 - Correct Answers ✅Evaluate the outcome
-would you have done anything differently
Professional & Regulatory Bodies - Correct Answers ✅set
ethics standards and rules for members of the accounting
profession
State CPA licensing boards
