NAU ACC 205 FINAL LATEST
EXAM
act of state doctrine - ANSWERS-judicial branch of one government
will not examine validity of public acts committed by foreign
government
administrative agency - ANSWERS-state, local, or federal; given power
through Congress through enabling legislation; created for
implementation of statutes(laws)
administrative law judge - ANSWERS-one who presides over an
administrative agency hearing and has the power to administer oaths,
take testimony, rule on questions of evidence, and make determinations
of fact
commerce clause - ANSWERS-Congress/ federal government can
regulate interstate commerce
dormant commerce clause - ANSWERS-implied that because Congress/
federal government has the power to regulate interstate commerce, the
states do not
END OF
PAGE
1
, NAU ACC 205 FINAL LATEST
EXAM
corporate social responsibility - ANSWERS-combines good citizenship
with ethical decisions, improving society, and minimizing environmental
impacts; not a law but encouraged
C--COVER (what it stands for) - ANSWERS-codes of conduct
C--codes of conduct - ANSWERS-the application of specific codes/
statutes of a profession
O--COVER (what it stands for) - ANSWERS-outcomes
O--outcomes - ANSWERS-greatest amount of good for the greatest
number of people (outcome based analysis/ utilitarianism/ cost/benefit
analysis)
V--COVER (what it stands for) - ANSWERS-values
V--values - ANSWERS-reflected in a company's mission statement
E--COVER (what it stands for) - ANSWERS-editorial
END OF
PAGE
2
, NAU ACC 205 FINAL LATEST
EXAM
E--editorial - ANSWERS-if your decision was publicized, would you
still make the same decision? (looking on a big scale)
R--COVER (what it stands for) - ANSWERS-rules
R--rules - ANSWERS-applies a universal standard; categorical
imperative: what if everyone followed or didn't follow a rule (stealing a
pen)
diversity jurisdiction/ diversity of citizenship - ANSWERS-the power of
the federal courts to hear matters of state law if the opposing parties are
from different states and the amount in controversy exceeds $75,000
doctrine of sovereign immunity - ANSWERS-immunizes foreign nations
from the jurisdiction of US courts (if a criminal flees to a foreign
country, the foreign country must send them home (cannot hold trial in
their country))
END OF
PAGE
3
EXAM
act of state doctrine - ANSWERS-judicial branch of one government
will not examine validity of public acts committed by foreign
government
administrative agency - ANSWERS-state, local, or federal; given power
through Congress through enabling legislation; created for
implementation of statutes(laws)
administrative law judge - ANSWERS-one who presides over an
administrative agency hearing and has the power to administer oaths,
take testimony, rule on questions of evidence, and make determinations
of fact
commerce clause - ANSWERS-Congress/ federal government can
regulate interstate commerce
dormant commerce clause - ANSWERS-implied that because Congress/
federal government has the power to regulate interstate commerce, the
states do not
END OF
PAGE
1
, NAU ACC 205 FINAL LATEST
EXAM
corporate social responsibility - ANSWERS-combines good citizenship
with ethical decisions, improving society, and minimizing environmental
impacts; not a law but encouraged
C--COVER (what it stands for) - ANSWERS-codes of conduct
C--codes of conduct - ANSWERS-the application of specific codes/
statutes of a profession
O--COVER (what it stands for) - ANSWERS-outcomes
O--outcomes - ANSWERS-greatest amount of good for the greatest
number of people (outcome based analysis/ utilitarianism/ cost/benefit
analysis)
V--COVER (what it stands for) - ANSWERS-values
V--values - ANSWERS-reflected in a company's mission statement
E--COVER (what it stands for) - ANSWERS-editorial
END OF
PAGE
2
, NAU ACC 205 FINAL LATEST
EXAM
E--editorial - ANSWERS-if your decision was publicized, would you
still make the same decision? (looking on a big scale)
R--COVER (what it stands for) - ANSWERS-rules
R--rules - ANSWERS-applies a universal standard; categorical
imperative: what if everyone followed or didn't follow a rule (stealing a
pen)
diversity jurisdiction/ diversity of citizenship - ANSWERS-the power of
the federal courts to hear matters of state law if the opposing parties are
from different states and the amount in controversy exceeds $75,000
doctrine of sovereign immunity - ANSWERS-immunizes foreign nations
from the jurisdiction of US courts (if a criminal flees to a foreign
country, the foreign country must send them home (cannot hold trial in
their country))
END OF
PAGE
3
