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TEST BANK For Ethical Obligations and Decision-Making in Accounting Text and Cases 6th Edition By Steven Mintz, William Miller| Complete Chapter | 100 % Verified
Ethical Obligations and Decision Making in Accounting
TEST BANK For Ethical Obligations and Decision-Making in Accounting Text and Cases 6th Edition By Steven Mintz, William Miller| Complete Chapter | 100 % Verified
TEST BANK For Ethical Obligations and Decision-Making in Accounting Text and Cases 6th Edition By Steven Mintz, William Miller| Comple...
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Test Bank for Ethical Obligations and
Decision-Making in Accounting Text and Cases
6th Edition
By Steven Mintz, William Miller
,Test Bank for Ethical Obligations and Decision-Making in Accounting Text and
Cases 6th Edition By Steven Mintz, William Miller
Answers are at the end of each chapter
Student name:_
1) Why do ethicists consider integrity to be the foundation of ethical behavior?
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Remember
Difficulty : 1 Easy
Learning Objective : 01-02 Explain how characteristic traits of behavior influence ethical decision m
Topic : Integrity: The Basis of Accounting
Source : Chapter 01 Test Bank > TB ES Qu. 01-81 Why do ethicists consider integrity...
2) Moral philosophy deals with questions such as "How should I live my life?" and "What sort
of person should I strive to be?" What are the basic tenets of moral philosophy? Answer with
respect to the philosophies discussed in the chapter.
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Remember
Difficulty : 1 Easy
Learning Objective : 01-03 Differentiate between moral philosophies and their effect on ethical reaso
Topic : Modern Moral Philosophies
Source : Chapter 01 Test Bank > TB ES Qu. 01-82 Moral philosophy deals with questions...
Describe a situation you have encountered in your personal life where you did not follow the law
because you judged another alternative to be more ethical. Don't use the example in the text of
driving on a two-lane divided roadway. Why did you decide to do that act?
,Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Remember
Difficulty : 1 Easy
Topic : The Language of Ethics
Learning Objective : 01-02 Explain how characteristic traits of behavior influence ethical decision m
Source : Chapter 01 Test Bank > TB ES Qu. 01-83 Describe a situation you have...
3) Evaluate Lance Armstrong's behavior toward doping during the Tour de France from the
perspective of the "Six Pillars of Character." How might Armstrong have handled the matter
better?
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Understand
Difficulty : 2 Medium
Learning Objective : 01-02 Explain how characteristic traits of behavior influence ethical decision m
Topic : The Six Pillars of Character
Source : Chapter 01 Test Bank > TB ES Qu. 01-84 Evaluate Lance Armstrong's behavior towards...
Why do you think potential employers of accounting graduates care about the ethical values of
potential student hires?
,Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Topic : The Language of Ethics
Bloom's : Understand
Difficulty : 2 Medium
Learning Objective : 01-02 Explain how characteristic traits of behavior influence ethical decision m
Source : Chapter 01 Test Bank > TB ES Qu. 01-85 Why do you think potential...
4) Explain the steps that should be taken by an internal accountant/CMA when there is a
difference of opinion with one's supervisor on an accounting or financial reporting manner.
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Remember
Difficulty : 1 Easy
Learning Objective : 01-05 Apply the AICPA Code and ethical reasoning methods to a case study.
Topic : AICPA Code of Conduct
Source : Chapter 01 Test Bank > TB ES Qu. 01-86 Explain the steps that should...
What is the role of a code of professional conduct and standards of ethical behavior for
accountants and auditors?
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Understand
Difficulty : 2 Medium
Learning Objective : 01-05 Apply the AICPA Code and ethical reasoning methods to a case study.
Topic : AICPA Code of Conduct
Source : Chapter 01 Test Bank > TB ES Qu. 01-87 What is the role of...
,5) Is it ethical for Jerry to keep his smart phone on during the work day if:
(a) His daughter is sick and he needs to monitor messages from the baby sitter. (b) His ID has
been stolen and he is waiting for the credit card company to inform him of the damages. (c)
He likes to see what is posted about the company on social media so he can inform his
bosses. (d) He feels as though all employees should have the leeway to be involved in social
networking on the job within reasonable limits.
Discuss each of the above using ethical reasoning.
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Remember
Difficulty : 1 Easy
Topic : The Language of Ethics
Learning Objective : 01-02 Explain how characteristic traits of behavior influence ethical decision m
Source : Chapter 01 Test Bank > TB ES Qu. 01-88 Is it ethical for Jerry...
6) Are search results in Google, YouTube, Facebook, Twitter, and other social media sites fair
game, specifically when an employer is looking to fire an employee?
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Remember
Difficulty : 1 Easy
Learning Objective : 01-05 Apply the AICPA Code and ethical reasoning methods to a case study.
Topic : AICPA Code of Conduct
Source : Chapter 01 Test Bank > TB ES Qu. 01-89 Are search results in Google,...
,7) The school board has received a bomb threat claiming that a bomb would be detonated at
noon on Monday at the high school. The threat was received by the school board at 8 pm on
Sunday night. The school asked the bomb squad to investigate and they found no bomb. The
next morning at 7 am, one hour before school was to start, another threat was received. There
was no time to check for a bomb. What is the best action for the school to take from an
ethical perspective? Explain. (a) Go ahead with school as planned since the last threat was
not credible. (b) Delay the start of school until 10 am to give the bomb squad time to check
and inform parents there is a water leak that needs to be fixed. (c) Call off school even
though final exams were scheduled that day and explain all the steps taken to protect the
safety of students.
Discuss which ethical theory supports each alternative. Which would you choose and why?
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Remember
Difficulty : 1 Easy
Learning Objective : 01-03 Differentiate between moral philosophies and their effect on ethical reaso
Topic : Modern Moral Philosophies
Source : Chapter 01 Test Bank > TB ES Qu. 01-90 The school board has received...
Susie, a newly graduated BBA in accounting, has started a new job with the state budgeting
office. Susie has responsibility over expense reimbursements. The state has a travel policy
stating that a state employee may be reimbursed up to $90 per night for a hotel room and up to
$40 per day for meals, as long as the employee turns in food receipts. The first expense account
Susie works on, the employee has a hotel receipt for $130 a night but no food expenses. Susie
processes the reimbursement for $90. The employee becomes irate as his reading of the travel
policy is that he can be reimbursed for $130 a night for hotel and food with a receipt. The
employee claims this has never been a problem in the past and has always been reimbursed $130
a night whether for hotel only or both hotel and food.
What should Susie do and why? Use ethical reasoning to support your answer.
,Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Remember
Difficulty : 1 Easy
Learning Objective : 01-03 Differentiate between moral philosophies and their effect on ethical reaso
Topic : Modern Moral Philosophies
Source : Chapter 01 Test Bank > TB ES Qu. 01-91 Susie, a newly graduated BBA...
8) Why is it important to consider cultural variables in the workplace?
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Remember
Difficulty : 1 Easy
Topic : Modern Moral Philosophies
Learning Objective : 01-02 Explain how characteristic traits of behavior influence ethical decision m
Source : Chapter 01 Test Bank > TB ES Qu. 01-92 Why is it important to consider cultural ...
What is the common characteristic of Aristotle's virtues and ethical standards for CPAs?
, A
A) truthfulness
B) integrity
C) loyalty
D) due care
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Remember
Difficulty : 1 Easy
Learning Objective : 01-01 Discuss the relationship between ethics, values, and ethical decision maki
Topic : The Language of Ethics
Source : Chapter 01 Test Bank > TB MC Qu. 01-01 What is the common characteristic...
9) Jane finds a material misstatement while auditing a client's accounts receivables. Her senior
tells her to ignore the misstatement so that the client does not get upset. Jane wants to be
viewed as a team player in order to advance in the firm, so Jane follows her senior's
instructions and ignores the misstatement. Which ethical theory did Jane use to make her
decision?
9)
B) egoism
C) justice
D) virtue ethics
E) utilitarianism
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Understand
Difficulty : 2 Medium
Learning Objective : 01-03 Differentiate between moral philosophies and their effect on ethical reaso
Topic : Modern Moral Philosophies
Source : Chapter 01 Test Bank > TB MC Qu. 01-02 Jane finds a material misstatement...
,10) Which of the following situations would be considered ethical?
10)
B) The cashier at Wal-Mart gives you $5 more than you were supposed to receive and
you don't do anything about it.
C) You accidentally back into a car at Wal-Mart and leave your information for them to
call.
D) You receive fake $20 bills and use them in a store while knowing they are fake.
E) You find a phone in a restaurant and keep it.
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Topic : The Language of Ethics
Bloom's : Understand
Difficulty : 2 Medium
Learning Objective : 01-02 Explain how characteristic traits of behavior influence ethical decision m
Source : Chapter 01 Test Bank > TB MC Qu. 01-03 Which of the following situations...
11) Which of the following characteristics does not describe the importance of integrity in
decision making?
11)
B) Acting out of moral principle
C) Being loyal to one's superior
D) Having the courage to do the right thing
E) Not subordinating professional judgment to others
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Discuss the relationship between ethics, values, and ethical decision maki
Bloom's : Understand
Difficulty : 2 Medium
Topic : Integrity: The Basis of Accounting
Source : Chapter 01 Test Bank > TB MC Qu. 01-04 Which of the following characteristics...
, 12) Which of the following characteristics does not describe the behavior of Cynthia Cooper in
the WorldCom fraud?
12)
B) persistence
C) competence
D) integrity
E) conformity
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Discuss the relationship between ethics, values, and ethical decision maki
Topic : The Language of Ethics
Bloom's : Understand
Difficulty : 2 Medium
Source : Chapter 01 Test Bank > TB MC Qu. 01-05 Which of the following characteristics...
13) The ancient Greeks thought of the virtues as characteristics of behavior that
13)
B) could lead to a good life.
C) make up the "six pillars of character".
D) support the rights theory.
E) rationalize unethical actions.
Question Details
AACSB : Ethics
AICPA : BB Critical Thinking
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Discuss the relationship between ethics, values, and ethical decision maki
Topic : The Language of Ethics
Bloom's : Understand
Difficulty : 2 Medium
Topic : Modern Moral Philosophies
Source : Chapter 01 Test Bank > TB MC Qu. 01-06 The ancient Greeks thought of...
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