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WGU D550 ETHICS FOR ACCOUNTANTS UPDATED ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS

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WGU D550 ETHICS FOR ACCOUNTANTS UPDATED ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS

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WGU D550 ETHICS FOR ACCOUNTANTS
UPDATED ACTUAL EXAM QUESTIONS AND
CORRECT ANSWERS

●● Which ethical theory focuses on producing the greatest good for the
greatest number?
Answer: Utilitarianism


●● Which ethical theory best applies when a CPA refuses to manipulate
earnings due to honesty?
Answer: Virtue ethics


●● What is it called when someone follows the majority despite
believing it is wrong?
Answer: Groupthink


●● What illustrates obedience to authority in an ethical scenario?
Answer: An employee complying with a manager's pressure to ignore an
accounting error


●● What does ethical motivation mean?
Answer: Choosing ethics over personal gain

, ●● Which ethical theory emphasizes protecting individual rights?
Answer: Rights theory


●● Which ethical theory focuses primarily on fairness?
Answer: Justice


●● What is making several small unethical decisions until they become
major violations called?
Answer: Incrementalism


●● What comes immediately after recognizing an ethical issue?
Answer: Gather facts


●● What is the primary responsibility of a CPA?
Answer: Serve the public interest


●● What does integrity mean in the context of CPA ethics?
Answer: Being honest


●● What does objectivity require?
Answer: Avoiding bias

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