Ethical Obligations and Decision-Making in Accounting: Text and Cases, 6th Edition by Steven M. Mintz & Roselyn E. Morris Miller – Complete Test Bank

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




TEST BANK


1

,TABLE OF CONTENT Q Q




Chapter 1: Ethical Reasoning: Implications for Accounting
Q Q Q Q Q Q


Chapter 2: Cognitive Processes and Ethical Decision Making in Accounting
Q Q Q Q Q Q Q Q Q


QChapter 3: Organizational Ethics and Corporate Governance
Q Q Q Q Q Q


Chapter 4: AICPA Code of Professional Conduct
Q Q Q Q Q Q


Chapter 5: Fraud in Financial Statements and Auditor Responsibilities
Q Q Q Q Q Q Q Q


QChapter 6: Motivation for Fraudulent Financial Reporting
Q Q Q Q Q Q


Chapter 7: Consequences of Earnings Management: The Need for Ethical Leadership in Accounting
Q Q Q Q Q Q Q Q Q Q Q Q


Chapter 8: Auditors’ Legal Liabilities and Defenses
Q Q Q Q Q Q




2

,Chapter 01 6e Mintz Q Q Q
Answers Included ✅ Q Q




MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
Q Q Q Q Q Q Q Q Q Q Q Q


Qanswers the question.
Q Q


1) What is the common characteristic of Aristotle's virtues and ethical standards for CPAs?
Q Q Q Q Q Q Q Q Q Q Q Q




A) truthfulness
B) integrity
C) loyalty
D) due care Q




2) Jane finds a material misstatement while auditing a client's accounts receivables. Her
Q Q Q Q Q Q Q Q Q Q Q



Qsenior tells her to ignore the misstatement so that the client does not get upset. Jane wants to
Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q



be viewed as a team player in order to advance in the firm, so Jane follows her senior's
Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q


instructions and ignores the misstatement. Which ethical theory did Jane use to make her
Q Q Q Q Q Q Q Q Q Q Q Q Q Q


decision?
Q




A) egoism
B) justice
C) virtue ethics Q



D) utilitarianism



3) Which of the following situations would be considered ethical?
Q Q Q Q Q Q Q Q




A) The cashier at Wal-Mart gives you $5 more than you were supposed to receive
Q Q Q Q Q Q Q Q Q Q Q Q Q


and you don't do anything about it.
Q Q Q Q Q Q Q



B) You accidentally back into a car at Wal-Mart and leave your information for them to
Q Q Q Q Q Q Q Q Q Q Q Q Q Q



call.
C) You receive fake $20 bills and use them in a store while knowing they are fake.
Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q



D) You find a phone in a restaurant and keep it.
Q Q Q Q Q Q Q Q Q




4) Which of the following characteristics does not describe the importance of integrity
Q Q Q Q Q Q Q Q Q Q Q


in decision making?
Q Q Q




3

, A) Acting out of moral principle
Q Q Q Q



B) Being loyal to one's superior
Q Q Q Q


C) Having the courage to do the right thing
Q Q Q Q Q Q Q



D) Not subordinating professional judgment to others
Q Q Q Q Q




5) Which of the following characteristics does not describe the behavior of Cynthia
Q Q Q Q Q Q Q Q Q Q Q



Cooper in the WorldCom fraud?
Q Q Q Q Q




A) persistence
B) competence
C) integrity
D) conformity



6) The ancient Greeks thought of the virtues as characteristics of behavior that
Q Q Q Q Q Q Q Q Q Q Q




A) could lead to a good life.
Q Q Q Q Q



B) make up the "six pillars of character".
Q Q Q Q Q Q


C) support the rights theory.Q Q Q



D) rationalize unethical actions. Q Q




7) Which of the following elements does not make up an integral part of what is meant
Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q



by "ethics"?
Q Q




A) accepted standards of behaviorQ Q Q



B) knowing the difference between right and wrong
Q Q Q Q Q Q



C) always following the law
Q Q Q



D) the moral point of view
Q Q Q Q




8) Ethical relativism can best be described as
Q Q Q Q Q Q




4