AICPA Ethics Exam Questions With 100% Correct Answers Latest update 2025/2026(A+ Graded Verified By Experts)

AICPA Ethics Exam Questions With 100% Correct Answers Latest update 2025(A+ Graded
Verified By Experts)






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

-consider as many as possible



Step 4 - (answer)Consider your alternatives

, AICPA Ethics Exam Questions With 100% Correct Answers Latest update 2025(A+ Graded
Verified By Experts)






-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