Ethical Obligations and Decision-Making in Accounting, 6th Edition – Mintz & Miller | Complete Test Bank and Case Solutions

Ethical Obligations and Decision-Making in Accounting: Text and Cases,
6th Edition
by Mintz and Miller




TEST BANK


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,TABLE OF CONTENT j1 j1




Chapter 1: Ethical Reasoning: Implications for Accounting
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Chapter 2: Cognitive Processes and Ethical Decision Making in Accounting
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jChapter 3: Organizational Ethics and Corporate Governance
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Chapter 4: AICPA Code of Professional Conduct
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Chapter 5: Fraud in Financial Statements and Auditor Responsibilities
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Chapter 6: Motivation for Fraudulent Financial Reporting
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Chapter 7: Consequences of Earnings Management: The Need for Ethical Leadership in Accounting
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Chapter 8: Auditors’ Legal Liabilities and Defenses
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,Chapter 01 6e Mintz j1 j1 j1
Answers Included ✅ j1 j 1




MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
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answers the question.
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1) What is the common characteristic of Aristotle's virtues and ethical standards for CPAs?
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A) truthfulness
B) integrity
C) loyalty
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2) Jane finds a material misstatement while auditing a client's accounts receivables. Her
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senior tells her to ignore the misstatement so that the client does not get upset. Jane wants to be
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viewed as a team player in order to advance in the firm, so Jane follows her senior's instructions
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j and ignores the misstatement. Which ethical theory did Jane use to make her decision?
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A) egoism
B) justice
C) virtue ethics j1




D) utilitarianism



3) Which of the following situations would be considered ethical?
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A) The cashier at Wal-Mart gives you $5 more than you were supposed to receive and
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you don't do anything about it.
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B) You accidentally back into a car at Wal-Mart and leave your information for them to
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call.
C) You receive fake $20 bills and use them in a store while knowing they are fake.
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D) You find a phone in a restaurant and keep it. j1 j1 j1 j1 j1 j1 j1 j1 j1




4) Which of the following characteristics does not describe the importance of integrity in
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decisionmaking?
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, A) Acting out of moral principle
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B) Being loyal to one's superior
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C) Having the courage to do the right thing
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D) Not subordinating professional judgment to others
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5) Which of the following characteristics does not describe the behavior of Cynthia Cooper
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A) persistence
B) competence
C) integrity
D) conformity



6) The ancient Greeks thought of the virtues as characteristics of behavior that
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A) could lead to a good life.
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B) make up the "six pillars of character".
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C) support the rights theory. j1 j1 j1




D) rationalizeunethicalactions. j1 j1




7) Which of the following elements does not make up an integral part of what is meant by
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"ethics"?
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A) accepted standards of behavior j1 j1 j1




B) knowing the difference between right and wrongj1 j1 j1 j1 j1 j1




C) always following the law j1 j1 j1




D) the moral point of view
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8) Ethical relativism can best be described as
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4