Test Bank For Calculate with Confidence, 7th Edition By Gray Morris||All Chapter 1-25||Complete Guide A+.

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




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,TABLE OF CONTENT aq aq




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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Chapter 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 Cha
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pter 6: Motivation for Fraudulent Financial Reporting
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Chapter 7: Consequences of Earnings Management: The Need for Ethical Leadership in Accounting Chapte
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r 8: Auditors’ Legal Liabilities and Defenses
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,Chapter 01 6e Mintz aq aq aq
Answers Included ✅ aq a q




MULTIPLE CHOICE - aq aq




Choose the one alternative that best completes the statement or 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
D) due care aq




2) Jane finds a material misstatement while auditing a client's accounts receivables. Her se
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nior tells her to ignore the misstatement so that the client does not get upset. Jane wants to be vie
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wed as a team player in order to advance in the firm, so Jane follows her senior's instructions and i
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gnores the misstatement. Which ethical theory did Jane use to make her decision?
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A) egoism
B) justice
C) virtue ethics aq




D) utilitarianism



3) Which of the following situations would be considered ethical?
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A) The cashier at Wal- aq aq aq




Mart gives you $5 more than you were supposed to receive and 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. aq aq aq aq aq aq aq aq aq




4) Which of the following characteristics does not describe the importance of integrity in d
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ecisionmaking? aq




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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 i
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n the WorldCom fraud?
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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. aq aq aq




D) rationalize unethical actions. aq aq




7) Which of the following elements does not make up an integral part of what is meant by "e
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thics"?

A) accepted standards of behavior aq aq aq




B) knowing the difference between right and wrong
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C) always following the law aq aq aq




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