TEST BANK FOR
Ethical Obligations and Decision-Making in Accounting: Text and Cases, 6th Edition by Steven Mintz and William Miller
Chapter 1-8
Chapter 01 6e Mintz Answers Included
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question.
1) What is the common characteristic of Aristotle's virtues and ethical standards for CPAs?
A) truthfulness
B) integrity
C) loyalty
D) due care
2) Jane finds a material misstatement while auditing a client's accounts receivables. Her
senior tells her to ignore the misstatement so that the client does not get upset. Jane wants to be
viewed as a team player in order to advance in the firm, so Jane follows her senior's instructions
and ignores the misstatement. Which ethical theory did Jane use to make her decision?
A) egoism
B) justice
C) virtue ethics
D) utilitarianism
3) Which of the following situations would be considered ethical?
A) The cashier at Wal-Mart gives you $5 more than you were supposed to receive and
you don't do anything about it.
B) You accidentally back into a car at Wal-Mart and leave your information for them to
call.
C) You receive fake $20 bills and use them in a store while knowing they are fake.
D) You find a phone in a restaurant and keep it.
4) Which of the following characteristics does not describe the importance of integrity in
decision making?
1 #z| #zP #za #zg
#ze
, A) Acting #zout #zof #zmoral #zprinciple
B) Being #zloyal #zto #zone's #zsuperior
C) Having #zthe #zcourage #zto #zdo #zthe #zright #zthing
D) Not #zsubordinating #zprofessional #zjudgment #zto #zothers
5) Which #zof #zthe #zfollowing #zcharacteristics #zdoes #znot #zdescribe #zthe #zbehavior #zof #zCynthia
#zCooper #zin #zthe #zWorldCom #zfraud?
A) persistence
B) competence
C) integrity
D) conformity
6) The #zancient #zGreeks #zthought #zof #zthe #zvirtues #zas #zcharacteristics #zof #zbehavior #zthat
A) could #zlead #zto #za #zgood #zlife.
B) make #zup #zthe #z"six #zpillars #zof #zcharacter".
C) support #zthe #zrights #ztheory.
D) rationalize #zunethical #zactions.
7) Which #zof #zthe #zfollowing #zelements #zdoes #znot #zmake #zup #zan #zintegral #zpart #zof #zwhat #zis
#zmeant #zby #z"ethics"?
A) accepted #zstandards #zof #zbehavior
B) knowing #zthe #zdifference #zbetween #zright #zand #zwrong
C) always #zfollowing #zthe #zlaw
D) the #zmoral #zpoint #zof #zview
8) Ethical #zrelativism #zcan #zbest #zbe #zdescribed #zas
2 #z| #zP #za #zg
#ze
, A) a #zpoint #zof #zview #zthat #zmorality #zis #zrelative #zto #zthe #znorms #zof #zone's #zculture.
B) a #zconcept #zthat #zholds #zthat #zintegrity #zshould #zbe #zmaintained #zin #zthe #zface #zof #zpressure #zby
others.
C) an #zethical #zreasoning #zmethod #zthat #zholds #zone #zshould #zalways #zact #zout #zof #zself-interest.
D) an #zethical #zreasoning #zmethod #zthat #zholds #zone #zshould #zalways #zconsider #zthe #zeffect #zof
#zone's
actions #zon #zothers.
9) Which #zof #zthe #zfollowing #zis #znot #za #zpillar #zof #zcharacter #zaccording #zto #zthe #zJosephson
#z Institute?
A) caring
B) citizenship
C) respect
D) judgmental
10) Which #zof #zthe #zfollowing #zis #znot #zan #zelement #zof #ztrustworthiness #zaccording #zto #zthe #zSix
#zPillars #zof #zCharacter?
A) reliability
B) loyalty
C) fairness
D) honesty
11) An #zaccountant #zwho #zblows #zthe #zwhistle #zon #zfinancial #zwrongdoing #zby#zhis/her
#zemployer #zby #zgoing #zoutside #zthe #zentity #zviolates
A) the #zdue #zcare #zprinciple.
B) confidentiality.
C) one's #zreliability #zobligation.
D) public #zinterest #zobligation.
12) Cancel #zculture #zresults #zin #zeach #zof #zthe #zfollowing #zexcept:
3 #z| #zP #za #zg
#ze
, A) manifests #zitself #zthrough #zintolerance #zof #zothers #zwith #za #zpoint #zof #zview #zthat #zdiverges
#zfrom #zgroup #znorms
B) exhibits #za #zlack #zof #zrespect #zfor #zsomething #zsomeone #zsaid #zor #zdid #zsuch #zas #zmaking
#zoffensive #zcomments #ztoward #zanother
C) its #zgoal #zis #zto #zembarrass #zsomeone #zin #ztheir #zcommunity
D) enables #za #zgreater #zunderstanding #zand #zmutual #zcompassion #zfor #zone #zanother
13) The #z2019 #zannual #zpoll #zon #zcivility#zin #zsociety#zby#zWeber #zShandwick #zcontinues #zto #zshow
#zthat #za #zvast #zmajority #zof #zAmericans #zidentify #zincivility #zas #za #zproblem #zin #zsociety. #zThe
#zconsequences #zof #zincivility #zinclude #zall #zof #zthe #zfollowing #zexcept
A) people #zfeeling #zsafer #zin #zpublic #zplaces.
B) cyberbullying.
C) harassment #zand #zunfair #ztreatment #zof #zcertain #zgroups #zof #zpeople.
D) feelings #zof #zisolation #zand #zloneliness.
14) Respect #zis #zan #zimportant #zcharacter #zof #zbehavior #zbecause
A) it #zentails #za #zloyalty #zobligation #zto #zone's #zsuperior.
B) it #zenables #zone #zto #zperform #zprofessional #zservices #zcompetently.
C) it #zis #zcritical #zto #zmaintaining #zone's #zintegrity.
D) it #zencompasses #zattributes #zof #zhow #zwe #zshould #ztreat #zothers.
15) Responsibility #zgoes #zhand #zin #zhand #zwith
A) respect.
B) loyalty.
C) courage.
D) accountability.
16) Treating #zothers #zfairly #zencompasses #ztreating #zthem
4 #z| #zP #za #zg
#ze
Ethical Obligations and Decision-Making in Accounting: Text and Cases, 6th Edition by Steven Mintz and William Miller
Chapter 1-8
Chapter 01 6e Mintz Answers Included
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question.
1) What is the common characteristic of Aristotle's virtues and ethical standards for CPAs?
A) truthfulness
B) integrity
C) loyalty
D) due care
2) Jane finds a material misstatement while auditing a client's accounts receivables. Her
senior tells her to ignore the misstatement so that the client does not get upset. Jane wants to be
viewed as a team player in order to advance in the firm, so Jane follows her senior's instructions
and ignores the misstatement. Which ethical theory did Jane use to make her decision?
A) egoism
B) justice
C) virtue ethics
D) utilitarianism
3) Which of the following situations would be considered ethical?
A) The cashier at Wal-Mart gives you $5 more than you were supposed to receive and
you don't do anything about it.
B) You accidentally back into a car at Wal-Mart and leave your information for them to
call.
C) You receive fake $20 bills and use them in a store while knowing they are fake.
D) You find a phone in a restaurant and keep it.
4) Which of the following characteristics does not describe the importance of integrity in
decision making?
1 #z| #zP #za #zg
#ze
, A) Acting #zout #zof #zmoral #zprinciple
B) Being #zloyal #zto #zone's #zsuperior
C) Having #zthe #zcourage #zto #zdo #zthe #zright #zthing
D) Not #zsubordinating #zprofessional #zjudgment #zto #zothers
5) Which #zof #zthe #zfollowing #zcharacteristics #zdoes #znot #zdescribe #zthe #zbehavior #zof #zCynthia
#zCooper #zin #zthe #zWorldCom #zfraud?
A) persistence
B) competence
C) integrity
D) conformity
6) The #zancient #zGreeks #zthought #zof #zthe #zvirtues #zas #zcharacteristics #zof #zbehavior #zthat
A) could #zlead #zto #za #zgood #zlife.
B) make #zup #zthe #z"six #zpillars #zof #zcharacter".
C) support #zthe #zrights #ztheory.
D) rationalize #zunethical #zactions.
7) Which #zof #zthe #zfollowing #zelements #zdoes #znot #zmake #zup #zan #zintegral #zpart #zof #zwhat #zis
#zmeant #zby #z"ethics"?
A) accepted #zstandards #zof #zbehavior
B) knowing #zthe #zdifference #zbetween #zright #zand #zwrong
C) always #zfollowing #zthe #zlaw
D) the #zmoral #zpoint #zof #zview
8) Ethical #zrelativism #zcan #zbest #zbe #zdescribed #zas
2 #z| #zP #za #zg
#ze
, A) a #zpoint #zof #zview #zthat #zmorality #zis #zrelative #zto #zthe #znorms #zof #zone's #zculture.
B) a #zconcept #zthat #zholds #zthat #zintegrity #zshould #zbe #zmaintained #zin #zthe #zface #zof #zpressure #zby
others.
C) an #zethical #zreasoning #zmethod #zthat #zholds #zone #zshould #zalways #zact #zout #zof #zself-interest.
D) an #zethical #zreasoning #zmethod #zthat #zholds #zone #zshould #zalways #zconsider #zthe #zeffect #zof
#zone's
actions #zon #zothers.
9) Which #zof #zthe #zfollowing #zis #znot #za #zpillar #zof #zcharacter #zaccording #zto #zthe #zJosephson
#z Institute?
A) caring
B) citizenship
C) respect
D) judgmental
10) Which #zof #zthe #zfollowing #zis #znot #zan #zelement #zof #ztrustworthiness #zaccording #zto #zthe #zSix
#zPillars #zof #zCharacter?
A) reliability
B) loyalty
C) fairness
D) honesty
11) An #zaccountant #zwho #zblows #zthe #zwhistle #zon #zfinancial #zwrongdoing #zby#zhis/her
#zemployer #zby #zgoing #zoutside #zthe #zentity #zviolates
A) the #zdue #zcare #zprinciple.
B) confidentiality.
C) one's #zreliability #zobligation.
D) public #zinterest #zobligation.
12) Cancel #zculture #zresults #zin #zeach #zof #zthe #zfollowing #zexcept:
3 #z| #zP #za #zg
#ze
, A) manifests #zitself #zthrough #zintolerance #zof #zothers #zwith #za #zpoint #zof #zview #zthat #zdiverges
#zfrom #zgroup #znorms
B) exhibits #za #zlack #zof #zrespect #zfor #zsomething #zsomeone #zsaid #zor #zdid #zsuch #zas #zmaking
#zoffensive #zcomments #ztoward #zanother
C) its #zgoal #zis #zto #zembarrass #zsomeone #zin #ztheir #zcommunity
D) enables #za #zgreater #zunderstanding #zand #zmutual #zcompassion #zfor #zone #zanother
13) The #z2019 #zannual #zpoll #zon #zcivility#zin #zsociety#zby#zWeber #zShandwick #zcontinues #zto #zshow
#zthat #za #zvast #zmajority #zof #zAmericans #zidentify #zincivility #zas #za #zproblem #zin #zsociety. #zThe
#zconsequences #zof #zincivility #zinclude #zall #zof #zthe #zfollowing #zexcept
A) people #zfeeling #zsafer #zin #zpublic #zplaces.
B) cyberbullying.
C) harassment #zand #zunfair #ztreatment #zof #zcertain #zgroups #zof #zpeople.
D) feelings #zof #zisolation #zand #zloneliness.
14) Respect #zis #zan #zimportant #zcharacter #zof #zbehavior #zbecause
A) it #zentails #za #zloyalty #zobligation #zto #zone's #zsuperior.
B) it #zenables #zone #zto #zperform #zprofessional #zservices #zcompetently.
C) it #zis #zcritical #zto #zmaintaining #zone's #zintegrity.
D) it #zencompasses #zattributes #zof #zhow #zwe #zshould #ztreat #zothers.
15) Responsibility #zgoes #zhand #zin #zhand #zwith
A) respect.
B) loyalty.
C) courage.
D) accountability.
16) Treating #zothers #zfairly #zencompasses #ztreating #zthem
4 #z| #zP #za #zg
#ze
