Texas A & M University-Corpus Christi BLAW 5345
Accounting Ethics
Midterm 1 Book Half
(CHAPTER 1) Exam
Questions Verified and
Provided with A+ Graded
Answers |Latest Updated
2026
,A CPA would violate the Due Care Principle if he/she:
a. Undertook a professional engagement without having the requisite background,
knowledge and experience.
b. Specializes in the industry of the client, even offering training classes for
other accounting firms on the industry.
c.The accounting firm uses two external partner reviews on high risk audits or clients.
d. Performs tax services for an audit client with audit committee approval.
a. Undertook a professional engagement without having the requisite background,
knowledge and experience.
Sally is the only student from a foreign country in an Auditing class. On the day of the
midterm exam, Sally asks the teacher whether she could use a dictionary to translate
English words to her native tongue so she can better understand the questions. What do
you think the instructor should do if she follows the ethical principle of justice?
a.Allow Sally to use the dictionary since she is at a disadvantage
b. Not allow Sally to use the dictionary because she should know enough English to get
by
c. Allow the other students to bring in some tool to give them an advantage
d. None of the above
a.Allow Sally to use the dictionary since she is at a disadvantage
When making a donation at the local Goodwill, Martha tells the clerk that her old
computer is in perfect working order when she knows it is not, just so she can deduct
more on her taxes. Which theory best describes Martha's behavior?
a. Utilitarianism
b. Deontology
c. Egoism
d. Justice
c. Egoism
, In the Lone Star School District case, the auditors were mostly concerned about:
a.The behavior of a staff member toward client personnel
b.The falsification of the financial statements
c.The lack of independence of the audit team
d.The lack of documentation for travel and entertainment expenses
d. The lack of documentation for travel and entertainment expenses
The method of ethical reasoning that evaluates actions in terms of harms and benefits is:
a.Act Utilitarianism
b. Rights Theory
c. Justice
d. Virtue
a.Act Utilitarianism
Decisions that are made based on the underlying cultural factors can be best
characterized by:
a. Ethical Collectivism
b. Situational ethics
c. Ethical relativism
d.Judgmental Individualism
c. Ethical relativism
Accounting Ethics
Midterm 1 Book Half
(CHAPTER 1) Exam
Questions Verified and
Provided with A+ Graded
Answers |Latest Updated
2026
,A CPA would violate the Due Care Principle if he/she:
a. Undertook a professional engagement without having the requisite background,
knowledge and experience.
b. Specializes in the industry of the client, even offering training classes for
other accounting firms on the industry.
c.The accounting firm uses two external partner reviews on high risk audits or clients.
d. Performs tax services for an audit client with audit committee approval.
a. Undertook a professional engagement without having the requisite background,
knowledge and experience.
Sally is the only student from a foreign country in an Auditing class. On the day of the
midterm exam, Sally asks the teacher whether she could use a dictionary to translate
English words to her native tongue so she can better understand the questions. What do
you think the instructor should do if she follows the ethical principle of justice?
a.Allow Sally to use the dictionary since she is at a disadvantage
b. Not allow Sally to use the dictionary because she should know enough English to get
by
c. Allow the other students to bring in some tool to give them an advantage
d. None of the above
a.Allow Sally to use the dictionary since she is at a disadvantage
When making a donation at the local Goodwill, Martha tells the clerk that her old
computer is in perfect working order when she knows it is not, just so she can deduct
more on her taxes. Which theory best describes Martha's behavior?
a. Utilitarianism
b. Deontology
c. Egoism
d. Justice
c. Egoism
, In the Lone Star School District case, the auditors were mostly concerned about:
a.The behavior of a staff member toward client personnel
b.The falsification of the financial statements
c.The lack of independence of the audit team
d.The lack of documentation for travel and entertainment expenses
d. The lack of documentation for travel and entertainment expenses
The method of ethical reasoning that evaluates actions in terms of harms and benefits is:
a.Act Utilitarianism
b. Rights Theory
c. Justice
d. Virtue
a.Act Utilitarianism
Decisions that are made based on the underlying cultural factors can be best
characterized by:
a. Ethical Collectivism
b. Situational ethics
c. Ethical relativism
d.Judgmental Individualism
c. Ethical relativism
