AICPA ETHICS EXAM AND PRACTICE EXAM NEWEST 2025 ACTUAL
EXAM COMPLETE 51 QUESTIONS AND CORRECT DETAILED ANSWERS
(100% GUARANTEED TO PASS) |ALREADY GRADED A+
Ethical Decision Making Model -CORRECT ANSWERhelps 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 -CORRECT ANSWERRecognize the ethical issue
Step 2 -CORRECT ANSWERGather the critical facts
-you may not have all the facts, but you need the key ones (material)
Step 3 -CORRECT ANSWERIdentify the stakeholders
, -who is affected by your decisions/actions
-consider as many as possible
Step 4 -CORRECT ANSWERConsider your alternatives
-approaches you could take to address this matter and resolve the ethical conflict
Step 5 -CORRECT ANSWERConsider the effect on stakeholders
-effect of each alternative
Step 6 -CORRECT ANSWERConsider 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 -CORRECT ANSWERConsider rules, regulations, and laws
-rules set by AICPA, state accountancy board, state CPA society
Step 8 -CORRECT ANSWERMake a decision
-take the time you need
-discuss with colleague, gain perspectives, counsel, don't be hasty
EXAM COMPLETE 51 QUESTIONS AND CORRECT DETAILED ANSWERS
(100% GUARANTEED TO PASS) |ALREADY GRADED A+
Ethical Decision Making Model -CORRECT ANSWERhelps 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 -CORRECT ANSWERRecognize the ethical issue
Step 2 -CORRECT ANSWERGather the critical facts
-you may not have all the facts, but you need the key ones (material)
Step 3 -CORRECT ANSWERIdentify the stakeholders
, -who is affected by your decisions/actions
-consider as many as possible
Step 4 -CORRECT ANSWERConsider your alternatives
-approaches you could take to address this matter and resolve the ethical conflict
Step 5 -CORRECT ANSWERConsider the effect on stakeholders
-effect of each alternative
Step 6 -CORRECT ANSWERConsider 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 -CORRECT ANSWERConsider rules, regulations, and laws
-rules set by AICPA, state accountancy board, state CPA society
Step 8 -CORRECT ANSWERMake a decision
-take the time you need
-discuss with colleague, gain perspectives, counsel, don't be hasty