NAU ACC 205 FINAL EXAM /
COMPREHENSIVE PRACTICE TEST
STUDY GUIDE NEWEST ACTUAL
QUESTIONS & ANSWERS (A+ GUIDE
SOLUTIONS.
Qs: act of state doctrine -
Answer:
judicial branch of one government will not examine validity of public acts
committed by foreign government
Qs: administrative agency -
Answer:
state, local, or federal; given power through Congress through enabling
legislation; created for implementation of statutes(laws)
Qs: administrative law judge -
Answer:
one who presides over an administrative agency hearing and has the power
to administer oaths, take testimony, rule on questions of evidence, and make
determinations of fact
Qs: commerce clause -
Answer:
Congress/ federal government can regulate interstate commerce
Qs: dormant commerce clause -
1 | Page
,Answer:
implied that because Congress/ federal government has the power to
regulate interstate commerce, the states do not
Qs: corporate social responsibility -
Answer:
combines good citizenship with ethical decisions, improving society, and
minimizing environmental impacts; not a law but encouraged
Qs: C--COVER (what it stands for) -
Answer:
codes of conduct
Qs: C--codes of conduct -
Answer:
the application of specific codes/ statutes of a profession
Qs: O--COVER (what it stands for) -
Answer:
outcomes
Qs: O--outcomes -
Answer:
greatest amount of good for the greatest number of people (outcome based
analysis/ utilitarianism/ cost/benefit analysis)
Qs: V--COVER (what it stands for) -
Answer:
2 | Page
, values
Qs: V--values -
Answer:
reflected in a company's mission statement
Qs: E--COVER (what it stands for) -
Answer:
editorial
Qs: E--editorial -
Answer:
if your decision was publicized, would you still make the same decision?
(looking on a big scale)
Qs: R--COVER (what it stands for) -
Answer:
rules
Qs: R--rules -
Answer:
applies a universal standard; categorical imperative: what if everyone
followed or didn't follow a rule (stealing a pen)
Qs: diversity jurisdiction/ diversity of citizenship -
Answer:
3 | Page
COMPREHENSIVE PRACTICE TEST
STUDY GUIDE NEWEST ACTUAL
QUESTIONS & ANSWERS (A+ GUIDE
SOLUTIONS.
Qs: act of state doctrine -
Answer:
judicial branch of one government will not examine validity of public acts
committed by foreign government
Qs: administrative agency -
Answer:
state, local, or federal; given power through Congress through enabling
legislation; created for implementation of statutes(laws)
Qs: administrative law judge -
Answer:
one who presides over an administrative agency hearing and has the power
to administer oaths, take testimony, rule on questions of evidence, and make
determinations of fact
Qs: commerce clause -
Answer:
Congress/ federal government can regulate interstate commerce
Qs: dormant commerce clause -
1 | Page
,Answer:
implied that because Congress/ federal government has the power to
regulate interstate commerce, the states do not
Qs: corporate social responsibility -
Answer:
combines good citizenship with ethical decisions, improving society, and
minimizing environmental impacts; not a law but encouraged
Qs: C--COVER (what it stands for) -
Answer:
codes of conduct
Qs: C--codes of conduct -
Answer:
the application of specific codes/ statutes of a profession
Qs: O--COVER (what it stands for) -
Answer:
outcomes
Qs: O--outcomes -
Answer:
greatest amount of good for the greatest number of people (outcome based
analysis/ utilitarianism/ cost/benefit analysis)
Qs: V--COVER (what it stands for) -
Answer:
2 | Page
, values
Qs: V--values -
Answer:
reflected in a company's mission statement
Qs: E--COVER (what it stands for) -
Answer:
editorial
Qs: E--editorial -
Answer:
if your decision was publicized, would you still make the same decision?
(looking on a big scale)
Qs: R--COVER (what it stands for) -
Answer:
rules
Qs: R--rules -
Answer:
applies a universal standard; categorical imperative: what if everyone
followed or didn't follow a rule (stealing a pen)
Qs: diversity jurisdiction/ diversity of citizenship -
Answer:
3 | Page
