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Ethical Obligations and
Decision Making in
ST
Accounting: Text and Cases,
UV
6th Edition
IA
TEST BANK
_A
Steven M. Mintz, William F. Miller
PP
Comprehensive Test Bank for Instructors
RO
and Students
||| ||| || ||| || | || ||| | || ||| |
VE
9781264135943
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© Steven M. Mintz & William F. Miller. All rights reserved.
Reproduction or distribution without permission is prohibited.
© MEDCONNOISSEUR
, TABLE OF CONTENTS
Test Bank – Ethical Obligations and Decision Making in Accounting: Text and Cases (6th Ed.)
Authors: Steven M. Mintz and William F. Miller
ISBN: 9781264135943
ST
PART I: FOUNDATIONS OF ETHICAL REASONING
Chapter 1: Ethical Reasoning: Implications for Accounting
Chapter 2: Cognitive Processes and Ethical Decision Making in Accounting
UV
PART II: ORGANIZATIONAL ETHICS AND PROFESSIONAL STANDARDS
Chapter 3: Organizational Ethics and Corporate Governance
Chapter 4: AICPA Code of Professional Conduct
IA
PART III: FRAUD, EARNINGS MANAGEMENT, AND LEADERSHIP
Chapter 5: Fraud in Financial Statements and Auditor Responsibilities
Chapter 6: Motivation for Fraudulent Financial Reporting
_A
Chapter 7: Consequences of Earnings Management: The Need for Ethical Leadership in Accounting
PART IV: LEGAL AND REGULATORY OBLIGATIONS
Chapter 8: Auditors’ Legal Liabilities and Defenses
PP
RO
VE
D?
, Test Bank Ethical Obligations and Decision-Making in Accounting: Text and Cases,
6th Edition by Steven Mintz and William Miller
Chapter 01 6e Mintz Answers Included ✅
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question.
1) What is the common characteristic of Aristotle's virtues and ethical standards for CPAs?
ST
A) truthfulness
B) integrity
C) loyalty
UV
D) due care
2) Jane finds a material misstatement while auditing a client's accounts receivables. Her
IA
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?
_A
A) egoism
B) justice
C) virtue ethics
D) utilitarianism
PP
3) Which of the following situations would be considered ethical?
RO
A) The cashier at Wal-Mart gives you $5 more than you were supposed to receive and
you don't do anything about it.
B) You accidentally back into a car at Wal-Mart and leave your information for them to
call.
C) You receive fake $20 bills and use them in a store while knowing they are fake.
VE
D) You find a phone in a restaurant and keep it.
4) Which of the following characteristics does not describe the importance of integrity in
D?
decision making?
1
, A) Acting out of moral principle
B) Being loyal to one's superior
C) Having the courage to do the right thing
D) Not subordinating professional judgment to others
ST
5) Which of the following characteristics does not describe the behavior of Cynthia Cooper
UV
in the WorldCom fraud?
A) persistence
B) competence
C) integrity
IA
D) conformity
_A
6) The ancient Greeks thought of the virtues as characteristics of behavior that
A) could lead to a good life.
B) make up the "six pillars of character".
PP
C) support the rights theory.
D) rationalize unethical actions.
RO
7) Which of the following elements does not make up an integral part of what is meant by
"ethics"?
A) accepted standards of behavior
B) knowing the difference between right and wrong
VE
C) always following the law
D) the moral point of view
D?
8) Ethical relativism can best be described as
2
Ethical Obligations and
Decision Making in
ST
Accounting: Text and Cases,
UV
6th Edition
IA
TEST BANK
_A
Steven M. Mintz, William F. Miller
PP
Comprehensive Test Bank for Instructors
RO
and Students
||| ||| || ||| || | || ||| | || ||| |
VE
9781264135943
D?
© Steven M. Mintz & William F. Miller. All rights reserved.
Reproduction or distribution without permission is prohibited.
© MEDCONNOISSEUR
, TABLE OF CONTENTS
Test Bank – Ethical Obligations and Decision Making in Accounting: Text and Cases (6th Ed.)
Authors: Steven M. Mintz and William F. Miller
ISBN: 9781264135943
ST
PART I: FOUNDATIONS OF ETHICAL REASONING
Chapter 1: Ethical Reasoning: Implications for Accounting
Chapter 2: Cognitive Processes and Ethical Decision Making in Accounting
UV
PART II: ORGANIZATIONAL ETHICS AND PROFESSIONAL STANDARDS
Chapter 3: Organizational Ethics and Corporate Governance
Chapter 4: AICPA Code of Professional Conduct
IA
PART III: FRAUD, EARNINGS MANAGEMENT, AND LEADERSHIP
Chapter 5: Fraud in Financial Statements and Auditor Responsibilities
Chapter 6: Motivation for Fraudulent Financial Reporting
_A
Chapter 7: Consequences of Earnings Management: The Need for Ethical Leadership in Accounting
PART IV: LEGAL AND REGULATORY OBLIGATIONS
Chapter 8: Auditors’ Legal Liabilities and Defenses
PP
RO
VE
D?
, Test Bank Ethical Obligations and Decision-Making in Accounting: Text and Cases,
6th Edition by Steven Mintz and William Miller
Chapter 01 6e Mintz Answers Included ✅
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question.
1) What is the common characteristic of Aristotle's virtues and ethical standards for CPAs?
ST
A) truthfulness
B) integrity
C) loyalty
UV
D) due care
2) Jane finds a material misstatement while auditing a client's accounts receivables. Her
IA
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?
_A
A) egoism
B) justice
C) virtue ethics
D) utilitarianism
PP
3) Which of the following situations would be considered ethical?
RO
A) The cashier at Wal-Mart gives you $5 more than you were supposed to receive and
you don't do anything about it.
B) You accidentally back into a car at Wal-Mart and leave your information for them to
call.
C) You receive fake $20 bills and use them in a store while knowing they are fake.
VE
D) You find a phone in a restaurant and keep it.
4) Which of the following characteristics does not describe the importance of integrity in
D?
decision making?
1
, A) Acting out of moral principle
B) Being loyal to one's superior
C) Having the courage to do the right thing
D) Not subordinating professional judgment to others
ST
5) Which of the following characteristics does not describe the behavior of Cynthia Cooper
UV
in the WorldCom fraud?
A) persistence
B) competence
C) integrity
IA
D) conformity
_A
6) The ancient Greeks thought of the virtues as characteristics of behavior that
A) could lead to a good life.
B) make up the "six pillars of character".
PP
C) support the rights theory.
D) rationalize unethical actions.
RO
7) Which of the following elements does not make up an integral part of what is meant by
"ethics"?
A) accepted standards of behavior
B) knowing the difference between right and wrong
VE
C) always following the law
D) the moral point of view
D?
8) Ethical relativism can best be described as
2
