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Exam (elaborations)

WGU C206 ELI Questions and Answers

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equal is about ~ outcomes everyone has equal change to do job well and know the rules as an accountant in industry you are not ~ required legally by the profession to blow the whistle you are required to act with integrity internal whistleblowing ~ report misconduct to high ranking auth in comp/org confidentiality rules SOX: hotlines and anon tips why are anonymous tips problematic ~ no follow up (can't ask further questions) SOX hotlines ~ overseen bu audit committee or BoS and are required to maintain anonymity reasons for external whistle blowing ~ internal is futile org has been unresponsive to past concerns want support of law enforcement (SEC) external successful reporting ~ ID appropriate agency and person who pursues claims(do not go to the media) must have objective evidence and solid proof number one way fraud is uncovered ~ through internal tips motivations (external?) ~ revenge reputation preservation altruism collect financial reward which form of whistleblowing is riskeir ~ external collect financial reward ~ false claims act (Fed Gov) IRS whistleblower program (tax) Dodd-Frank (securities law: bribes, fraud acc, insider trading) can't collect if in audit and its your job

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Institution
WGU C206
Course
WGU C206

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Uploaded on
August 5, 2024
Number of pages
28
Written in
2024/2025
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Exam (elaborations)
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WGU C206 ELI Questions
and Answers
rules and compliance are


✓~ insufficient bc we're good at rationalizing




ethical lens


✓~ 1. Right

2. Relationship

3. Results

4. Reputation




1. Rights lens


✓~ prefer rationality and autonomy




*Valued trait

- life and safety

- truthfulness

- privacy

,2. Relationship lens


✓~ An action is ethical if it support the frame works of the organization




Valued traits

- fair compensation

- fair treatment

- fair administration of rules




3. Results lens


✓~




4. Reputation lens


✓~




toward ethical maturity


✓~ the ethical self

self knowledge and self control

what are my core values and commitments? "good egg"

what is my shadow side and here can i be tempted? "bad egg"

, the big question


✓~ is everyone who is thoughtful knows what is right and what is ethical, what are there so

many different answers? bc it depends




ethical lens inventory test


✓~ intentionality




ELI


✓~ look at chart




rationality


✓~ tend to use head and logic

methodical

about processes

things that are universalizable (universal rules, standards, processes)




sensibility


✓~ about the heart, intuition

not about logic, its about how you feel

about the outcomes, show mercy and take into account context

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