Test Bank Ethical Obligations and Decision-Making in Accounting 6th Edition by Steven Mintz All Chapters (1)

Ethical Obligations and Decision-Making in Accounting: Text and Cases,
dfdf dfdf dfdf dfdf dd
ff dd
ff dfdf dfdf




6th Edition dfdf




by Mintz and
d f d f dfdf




Miller
dfdf




TEST BANK dfdf




1

,TABLE OF CONTENT dfdf dfdf




Chapter 1: Ethical Reasoning: Implications for Accounting
dd
ff dd
ff dfdf dd
ff dd
ff dd
ff




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




d Chapter 3: Organizational Ethics and Corporate Governance
f d f dd
ff dfdf dfdf dfdf dfdf dd
ff




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




Chapter 5: Fraud in Financial Statements and Auditor Responsibilities
dd
ff dd
ff dfdf dfdf dfdf dfdf dfdf dd
ff




d Chapter 6: Motivation for Fraudulent Financial Reporting
f d f dd
ff dd
ff dfdf dd
ff dd
ff dfdf




Chapter 7: Consequences of Earnings Management: The Need for Ethical Leadership in Accounting
dfdf dfdf dfdf dfdf dfdf dd
ff dfdf dfdf dfdf dfdf dfdf dfdf




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




2

,Chapter 01 6e Mintz dd
ff dd
ff dfdf

Answers Included dd
ff d f d f ✅
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf




answers the question.
d f d f dfdf dfdf




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




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




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




d f d f senior tells her to ignore the misstatement so that the client does not get upset. Jane wants to be
dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf




d f d f viewed as a team player in order to advance in the firm, so Jane follows her senior's instructions
dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf




d f d fand ignores the misstatement. Which ethical theory did Jane use to make her decision?
dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf dfdf




A) egoism
B) justice
C) virtueethics df




D) utilitarianism



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




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




d you don't do anything about it.
f d f dfdf dfdf dfdf dfdf dfdf




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




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




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




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




d f d f decisionmaking? df




3

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




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




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




D) Not subordinating professional judgment to others
ddff dfdf dfdf dfdf dfdf




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




d f d f in the WorldCom fraud?
dfdf dfdf ddff




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



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




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




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




C) support the rights theory. dfdf dfdf dfdf




D) rationalizeunethicalactions. f
d df




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




d f d f "ethics"?

A) accepted standards of behavior dfdf dfdf dfdf




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




C) always following the law dfdf dfdf dfdf




D) the moral point of view
dfdf dfdf dfdf dfdf




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




4