ACCOUNTANTS OA EXAM 80 +
QUESTIONS AND CORRECT
ANSWERS LATEST GUIDE 2026 .
, 1. A hardware store proactively informs clients whenever recalls happen. It is always willing to replace defective
items at no cost even if the warranty has ex- pired. Its philosophy is to maximize benefits and minimize harm. This
approach is known as outcome-based ethics. What is a characteristic of outcome-based ethics?
It focuses on the obligations of the corporation.
It focuses on standards for behavior that traditionally were derived from reli- gious authorities.
It focuses on basic rights.
It focuses on the consequences of an action. ✔✔ correct answer It focuses on the consequences of an action
2. A floral company is currently hiring a new employee. After interviewing a great candidate, the human
resources coordinator looked up the candidate on social media. The human resources coordinator found too
many pictures of cocktails and beers on the candidate's profile. The prospective candidate worked part-time as a
bartender. The human resources coordinator called the candidate and told him that she found a better fit even
when she had not hired anyone for the position. Are the human resources coordinator's actions legal and ethical?
The actions are legal and ethical. The actions are legal
but unethical. The actions are illegal but ethical.
The actions are illegal and unethical. ✔✔ correct answer The actions are legal but unethical.
3. What is a purpose of the Uniform Commercial Code?
Reduce difficulties for businesses conducting trade and commerce Facilitate commerce between the states
and foreign countries Discriminate against jurisdictions that have not adopted this uniform law
Establish the rules applying to real state, service, and employment contracts ✔✔ correct answer -
Reduce diflculties for businesses conducting trade and commerce