Test Bank For Ethical Obligations and Decision-Making in Accounting Text and Cases 6th Edition By Steven Mintz, Complete Chapters 1 - 8, Verified Newest Version LATTEST 2025

Test
1

, Bank Ethical Obligations and Decision-Making in Accounting:
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Text and Cases, 6th Edition by Steven Mintz and William
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Miller
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Chapter 01 kk
Answers Included k k


6e Mintz
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MULTIPLE CHOICE - Choose the one alternative that best completes the
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kk statement or answers the question.
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1) What is the common characteristic of Aristotle's virtues and ethical standards for
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CPAs?
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A) truthfulness
B) integrity
C) loyalty
D) due care k k




2) Jane finds a material misstatement while auditing a client's accounts
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k k receivables. Her senior tells her to ignore the misstatement so that the
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k k client does not get upset. Jane wants to be viewed as a team player in
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k k order to advance in the firm, so Jane follows her senior's instructions and
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k k ignores the misstatement. Which ethical theory did Jane use to make her
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k k decision?

A) egoism
B) justice
C) virtue ethics k k


D) utilitarianism



3) Which of the following situations would be considered ethical?
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A) The cashier at Wal-Mart gives you $5 more than you were supposed
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kkto receive and you don't do anything about it.
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B) You accidentally back into a car at Wal-Mart and leave your information for th
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to k k


call.
C) You receive fake $20 bills and use them in a store while knowing they are
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fake. k k



D) You find a phone in a restaurant and keep it.
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4) Which of the following characteristics does not describe the importance
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2

,kk of k k integrity in decision making?
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3

, A) Acting out of moral principle
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B) Being loyal to one's superior
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C) Having the courage to do the right thing
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D) Not subordinating professional judgment to others
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5) Which of the following characteristics does not describe the behavior of
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Cynthia Cooper in the WorldCom fraud?
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A) persistence
B) competence
C) integrity
D) conformity



6) The ancient Greeks thought of the virtues as characteristics of behavior that
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A) could lead to a good life.
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B) make up the "six pillars of character".
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C) support the rights theory.
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D) rationalize unethical actions. kk k k




7) Which of the following elements does not make up an integral part
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kk of what is meant by "ethics"?
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A) accepted standards of behaviork k kk kk



B) knowing the difference between right and wrong
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C) always following the law
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D) the moral point of view
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8) Ethical relativism can best be described as
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4