Ethics for Accountants - D550 (Chapter 1) Exam Questions With Correct Answers.

Ethics for Accountants - D550 (Chapter 1)
Exam Questions With Correct Answers

What |contributes |to |ethical |fading? |- |CORRECT |ANSWER✔✔-Organizational |goals, |rewards, |
compliance |systems, |and |informal |pressures



Basic |and |fundamental |beliefs |that |guide |or |motivate |attitudes |or |actions |- |CORRECT |
ANSWER✔✔-Values



•Always |tell |the |truth.

•Do |not |cheat.

•Treat |others |fairly.

•Be |kind |to |others. |- |CORRECT |ANSWER✔✔-Moral |principles



•Truthfulness.

•Honesty.

•Integrity.

•Fairness.

•Respect.

•Loyalty. |- |CORRECT |ANSWER✔✔-Ethical |principles



•Ethical |decision |making |entails |following |norms |of |behavior.

•Does |not |describe |the |way |people |do |act |(descriptive).

•Deals |with |the |way |people |should |act |(prescriptive/normative). |- |CORRECT |ANSWER✔✔-
Norms