Solutions for Ethical Obligations and Decision-Making in Accounting, 6th Edition by Mintz
8 views 1 purchase
Course
Advanced Accounting
Institution
Advanced Accounting
Complete Solutions Manual for Ethical Obligations and Decision-Making in Accounting: Text and Cases, 6th Edition 6e by Steven Mintz and William Miller. ISBN-13: 5943
Full Chapters Solutions Manual. Cases Answers are included too
Chapter 1: Ethical Reasoning: Implications for Accounting
Chap...
Ethical Obligations and Decision-
Making in Accounting: Text and
Cases, 6th Edition by Mintz
Solutions Manual
Chapter 1 -- Discussion Questions
Suggested Discussion and Solutions
1. Is it ever appropriate to lie to someone? Give one example of when you believe lying might
be justified
Lying involves two things: (1) An outright, purposeful false statement to another (lie by
commission) and (2) The failure to disclose all the information a person has a right to
know (lie by omission).
Recall the 2017 Las Vegas shooting that occurred on the night of Sunday, October 1
when a gunman opened fire on a crowd of concertgoers at the Route 91 Harvest music
festival on the Las Vegas Strip in Nevada, leaving 58 people dead and 851 injured.
Between 10:05 and 10:15 p.m. PDT, 64-year-old Stephen Paddock of Mesquite, Nevada,
fired more than 1,100 rounds from his suite on the 32nd floor of the nearby Mandalay
Bay hotel. About an hour after he fired his last shot into the crowd, he was found dead in
his room from a self-inflicted gunshot wound. His motive remains unknown. Now,
imagine you are a friend of Paddock and he confides in you about the pending shooting.
You decide to inform the authorities. The authorities tell you they will have agents
swarming over the hotel. In Paddock’s last act before the shooting, he tells you he’s quite
certain the authorities have no idea what he is about to do. Should you be honest and tell
him you went to the authorities and they will be prepared to cut off his action?
One could argue you are a dishonest person because you outright lied to Paddock about
the police’s knowledge of your actions. You also failed to tell him the police would be
ready to intercede. We could argue the issue of trustworthiness and loyalty as well. These
pillars of character are at risk in your action. So, what justifies doing what you have done
in informing the police? Simply put, an ethical person avoids harming others and you
have the opportunity to live up to those values. Lying to Paddock (by omission) is
justified here to save the lives of others. While Rights Theory holds that the ends do not
Ethical Obligations and Decision Making in Accounting, 6/e 1
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 StepsSol. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $29.49. You're not tied to anything after your purchase.
