Ethics Exam 1 With 100% Correct And Verified Answers
8 views 0 purchase
Course
Ethics
Institution
Ethics
Ethics Exam 1 With 100% Correct And Verified Answers
ethics - Correct Answer-The rules of conduct recognized in respect to a particular class of human action or a particular group
the rightness and wrongness of certain action and to the goodness and badness of the motives and ends of such acti...
Ethics Exam 1 With 100% Correct And
Verified Answers
ethics - Correct Answer-The rules of conduct recognized in
respect to a particular class of human action or a particular group
the rightness and wrongness of certain action and to the
goodness and badness of the motives and ends of such actions
ethics vs professionalism - Correct Answer-ethics establishes a
certain expectation for behavior
professionalism establishes how successful people behave in
their respective field
ethical business characteristics - Correct Answer-- honesty
- integrity
- trustworthiness
- respect for others
- fairness
- law abiding
- accountability
professionalism characteristics - Correct Answer-- technical skills
and competence
- appearance/demeanor
- commitment to excellence
- reliability
- poise
- organization
- interpersonal skills
- communication skills
Vendarsol
, - ambition/initiative
moral judgment - Correct Answer-must determine whether an
activity harms others, is respectful of others and their rights, is
fair, and is in accordance with the commitments the accountant
has made
incompatible with selfish behavior
how might we reconcile Milton Friedman's quote about the
"Responsibility of Business"? - Correct Answer-by making profit
the primary goal of a company but only when playing within the
bounds of the rules of the game
what 2 things drive profitability? - Correct Answer-1. productivity
2. realization
productivity - Correct Answer-how many clients are served and
how many hours are being charged
"the effectiveness of effort"
more productivity achieves profitability goals with less realization
realization - Correct Answer-taking on less clients but charge a
higher fee
ability to bill and collect fees at prescribed
rates
when using this tactic, less productivity is
needed to achieve profitability
Vendarsol
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Vendarsol. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.99. You're not tied to anything after your purchase.