©THESTAR 2024/2025 ALL RIGHTS RESERVED 9:51PM
AICPA Ethics Exam Questions And Answers
|Latest 2025 | Guaranteed Pass.
Ethical Decision Making Model - Answer✔helps you actively work through gray area and choose
the best possible solution to an ethical dilema
Step 1: Recognize the ethical issue
Step 2: Gather the critical facts
Step 3: Identify the stakeholders
Step 4: Consider your alternatives
Step 5: Consider the effect on stakeholders
Step 6: Consider your comfort level
Step 7: Consider rules, regulations and laws
Step 8: Make a decision
Step 9: Document your efforts
Step 10: Evaluate the outcome
Step 1 - Answer✔Recognize the ethical issue
Step 2 - Answer✔Gather the critical facts
-you may not have all the facts, but you need the key ones (material)
Step 3 - Answer✔Identify the stakeholders
-who is affected by your decisions/actions
1
, ©THESTAR 2024/2025 ALL RIGHTS RESERVED 9:51PM
-consider as many as possible
Step 4 - Answer✔Consider your alternatives
-approaches you could take to address this matter and resolve the ethical conflict
Step 5 - Answer✔Consider the effect on stakeholders
-effect of each alternative
Step 6 - Answer✔Consider your comfort level
-how comfortable are you with each option
-how would you feel if you have to discuss your decision in public
Step 7 - Answer✔Consider rules, regulations, and laws
-rules set by AICPA, state accountancy board, state CPA society
Step 8 - Answer✔Make a decision
-take the time you need
-discuss with colleague, gain perspectives, counsel, don't be hasty
Step 9 - Answer✔Document your efforts
-your understanding of the facts
-who you consulted with and their professional affiliations
-your decision
Step 10 - Answer✔Evaluate the outcome
-would you have done anything differently
2
AICPA Ethics Exam Questions And Answers
|Latest 2025 | Guaranteed Pass.
Ethical Decision Making Model - Answer✔helps you actively work through gray area and choose
the best possible solution to an ethical dilema
Step 1: Recognize the ethical issue
Step 2: Gather the critical facts
Step 3: Identify the stakeholders
Step 4: Consider your alternatives
Step 5: Consider the effect on stakeholders
Step 6: Consider your comfort level
Step 7: Consider rules, regulations and laws
Step 8: Make a decision
Step 9: Document your efforts
Step 10: Evaluate the outcome
Step 1 - Answer✔Recognize the ethical issue
Step 2 - Answer✔Gather the critical facts
-you may not have all the facts, but you need the key ones (material)
Step 3 - Answer✔Identify the stakeholders
-who is affected by your decisions/actions
1
, ©THESTAR 2024/2025 ALL RIGHTS RESERVED 9:51PM
-consider as many as possible
Step 4 - Answer✔Consider your alternatives
-approaches you could take to address this matter and resolve the ethical conflict
Step 5 - Answer✔Consider the effect on stakeholders
-effect of each alternative
Step 6 - Answer✔Consider your comfort level
-how comfortable are you with each option
-how would you feel if you have to discuss your decision in public
Step 7 - Answer✔Consider rules, regulations, and laws
-rules set by AICPA, state accountancy board, state CPA society
Step 8 - Answer✔Make a decision
-take the time you need
-discuss with colleague, gain perspectives, counsel, don't be hasty
Step 9 - Answer✔Document your efforts
-your understanding of the facts
-who you consulted with and their professional affiliations
-your decision
Step 10 - Answer✔Evaluate the outcome
-would you have done anything differently
2
