Documente Academic
Documente Profesional
Documente Cultură
Student: ___________________________________________________________________________
1. Bells characteristics of a professional include the ability to think in which of the following ways?
A.
B.
C.
D.
Rationally
Logically
Coherently
All of the above
2. Bells characteristics of a professional include the ability to recognize the influence of:
A.
B.
C.
D.
3. McDonald wrote that professionals utilize a specialized knowledge base. Which of the following is the best
example of the specialized knowledge base in accounting?
A.
B.
C.
D.
4. McDonald wrote that professionals utilize complex skills. Complex skills in accounting include:
A.
B.
C.
D.
5. Which of the following demonstrates the least professional behavior based on Bells characteristics?
A.
B.
C.
D.
6. As professionals, accountants often use a specialized knowledge base. That specialized knowledge base can
come from:
A.
B.
C.
D.
FASB pronouncements.
Textbooks in accounting and other fields.
Both A and B.
Neither A nor B.
7. Depreciation is the periodic allocation of an assets cost to the periods which benefit from the assets use.
That statement is an example of:
A.
B.
C.
D.
Technical knowledge.
A specialized knowledge base.
Both A and B.
Neither A nor B.
9. Bumble Beasley remarked: The only way to be an accounting professional is to earn a CPA license.
Which of the following statements is most true?
A.
B.
C.
D.
10. One mark of a professional is adherence to a code of ethical behavior. Which of the following statements is
most true?
A. As the phrase is used in accounting, code of ethical behavior refers to utilitarianism and other schools of
ethical thought.
B. As the phrase is used in accounting, code of ethical behavior refers to meta-ethics.
C. Both A and B are true.
D. Neither A nor B is true.
11. McDonald stated that professionals have autonomy of practice. In the accounting profession, autonomy of
practice has been limited by:
A.
B.
C.
D.
FASB.
COSO.
PCAOB.
All of the above.
13. According to Bell, a professional integrates knowledge from many disciplines. Accounting information
systems integrates knowledge from:
A.
B.
C.
D.
14. According to Bell, a professional integrates knowledge from many disciplines. Knowledge about ethics
requires an accountant to integrate knowledge from:
A.
B.
C.
D.
Philosophy.
Communication.
Science.
Psychology.
15. Which of the following statements best applies a characteristic of a professional in the context of
accounting?
A. Raul, a licensed CPA, learned to speak a foreign language in preparation for his firms expansion into
Europe.
B. Paula, a corporate accountant, studied the roles men and women play in business in Egypt.
C. Both A and B.
D. Neither A nor B.
16. Which of the following statements best applies a characteristic of a professional in the context of
accounting?
A. Beverly, a government accountant, prepared two versions of a presentation on governmental financial
statements to deliver to two different audiences.
B. Mark, a corporate accountant, resolved an ethical dilemma based on the IMA code of ethics.
C. Both A and B.
D. Neither A nor B.
17. Which of the following best pairs a characteristic of a professional with an example of that characteristic?
A. Appropriately uses technical knowledge, closed nominal accounts at the end of the fiscal year
B. Integrates knowledge from many disciplines, closed nominal accounts at the end of the fiscal year
C. Appropriately uses technical knowledge, prepared a schedule of cash receipts and cash payments in Excel
D. Integrates knowledge from many disciplines, prepared a schedule of cash receipts and cash payments in
Excel
18. Which of the following best pairs a characteristic of a professional with an example of that characteristic?
A.
B.
C.
D.
19. Which of the following pairs provides examples of integrating knowledge from other disciplines in
accounting?
A. Completes the steps in the systems development life cycle, applies expectancy theory to improve motivation
B. Selects software using the weighted-rating model, analyzes internal controls in the sales / collection process
C. Analyzes internal controls in the sales / collection process, applies expectancy theory to improve motivation
D. Prepares a schedule of cash receipts in Excel, gives two examples of COSO documents
20. Which of the following pairs provides examples of appropriately using technical knowledge in accounting?
A.
B.
C.
D.
Closing nominal accounts at the end of the year, reconciling a bank statement
Closing nominal accounts at the end of the year, using Steps for Better Thinking
Reconciling a bank statement, using Steps for Better Thinking
Adjusting the accounts for accrued revenue, applying complex FASB standards
21. Ethics:
A.
B.
C.
D.
22. Arriving at moral standards that regulate right and wrong conduct is called:
A.
B.
C.
D.
Metaethics.
Normative ethics.
Applied ethics.
Obeying the law.
25. Consider the following statements as you respond to the next question:
A.
B.
C.
D.
26. Consider the following statements as you respond to the next question:
A.
B.
C.
D.
27. Consider the following statements as you respond to the next question:
A.
B.
C.
D.
28. Consider the following statements as you respond to the next question:
The Internet Encyclopedia of Philosophy explained that ethics can be divided into three general subject areas. Which of the following pairs includes
two examples of different areas?
A.
B.
C.
D.
29. Consider the following statements as you respond to the next question:
A.
B.
C.
D.
30. Consider the following statements as you respond to the next question:
A.
B.
C.
D.
31. Which school of ethical thought follows the belief that the ends justify the means?
A.
B.
C.
D.
Utilitarian
Rights and duties
Justice
Virtues
32. Which school of ethical thought follows the belief that everyone should be given what they deserve?
A.
B.
C.
D.
Utilitarian
Rights and duties
Justice
Virtues
33. Which of the following statements is most reflective of the virtues school of ethical thought?
A.
B.
C.
D.
Stealing is wrong.
Everyone has the right to steal.
Both A and B
Neither A nor B
34. Which of the following statements is most reflective of the utilitarian school of ethical thought?
A.
B.
C.
D.
Lying is wrong.
Lying is OK if its done to avoid hurting someones feelings.
Both A and B
Neither A nor B
Utilitarian or justice
Rights and duties
Virtues
Any of the above
36. Fred embezzled money from his employer. When Susan, his co-worker, confronted him, Fred told her she
should mind her own business. Which school of ethical thought best describes Freds response?
A.
B.
C.
D.
Utilitarian
Rights and duties
Normative
Applied
37. Under which school of ethical thought could someone justify stealing inventory from their employer?
A.
B.
C.
D.
38. Which of the following statements about schools of ethical thought is most true?
A. A specific action, such as stealing, might be considered ethical under one school but unethical under another.
B. A specific action, such as stealing, might be considered ethical under more than one school, but for different
reasons.
C. Both A and B are true.
D. Neither A nor B is true.
39. Lee was caught using a work computer for an inappropriate personal purpose. He commented: I wasnt
hurting anyone, since I was on my lunch break. Lees justification indicates that he is following which school
of ethical thought?
A.
B.
C.
D.
40. Joan asked to be compensated for work she had voluntarily done at home, although she had no written
proof of the work. She is most likely following which school of ethical thought with respect to her request for
compensation?
A.
B.
C.
D.
Justice
Virtues
Applied
Normative
41. Following the Langenderfer and Rockness model for resolving ethical dilemmas, which of the following
steps should happen first?
A.
B.
C.
D.
42. Following the Mintz and Morris model for resolving ethical dilemmas, which of the following steps should
occur last?
A.
B.
C.
D.
43. A department manager might be involved in which steps of the Langenderfer and Rockness model for
resolving ethical dilemmas?
A.
B.
C.
D.
44. The third step of the Mintz and Morris model for resolving ethical dilemmas could involve:
A.
B.
C.
D.
Customers.
Employees.
Either or both of the above.
None of the above.
45. Joey is the vice president of corporate ethics at NCD Corporation. In a recent case of fraud discovered at
NCD, Joey considered whether he should fire the employee who committed the fraud, require repayment of the
funds stolen or both. Following the Langenderfer and Rockness model, Joeys next action should be:
A.
B.
C.
D.
46. Joey is the vice president of corporate ethics at NCD Corporation. Through an anonymous hotline, he
received a tip that Tom, also an NCD employee, had unfairly terminated an employee in his department. Based
on the Mintz and Morris model for resolving ethical dilemmas, what should Joey do first?
A.
B.
C.
D.
47. Langender and Rockness proposed an eight-step model for resolving ethical dilemmas; Mintz and Morris
proposed a ten-step model. Which of the following statements is most true?
A.
B.
C.
D.
The second step in Langenderfer and Rockness is similar to the third step in Mintz and Morris.
The second step in Langenderfer and Rockness is similar to the second step in Mintz and Morris.
Both A and B are true.
Neither A nor B is true.
48. Langender and Rockness proposed an eight-step model for resolving ethical dilemmas; Mintz and Morris
proposed a ten-step model. Which of the following statements is most true?
A.
B.
C.
D.
The Mintz and Morris model is better because it involves more steps.
The Langenderfer and Rockness model is better because it involves fewer steps.
The two models will always result in the same decision.
None of the above statements is true.
49. Langender and Rockness proposed an eight-step model for resolving ethical dilemmas; Mintz and Morris
proposed a ten-step model. Which of the following statements is most true?
A. The ethics codes of professional accounting organizations will be involved in the third step of the
Langenderfer and Rockness model.
B. The ethics codes of professional accounting organizations will be involved in the fourth step of the Mintz
and Morris model.
C. Both A and B are true.
D. Neither A nor B is true.
50. Langender and Rockness proposed an eight-step model for resolving ethical dilemmas; Mintz and Morris
proposed a ten-step model. Which of the following statements is most true?
A. The Mintz and Morris model specifically discourages thoughtful consideration of a choice after an ethical
dilemma is resolved.
B. The Mintz and Morris model is focused more specifically on accounting ethics than the Langenderfer and
Rockness model.
C. Both A and B are true.
D. Neither A nor B is true.
51. Supply the missing words / phrases below based on the definition of ethics in the text.
The field of ethics, also called (a), involves systematizing, defending, and recommending concepts of right and
wrong behavior. (b)investigates where our ethical principles come from, and what they mean. (c)takes on a
more practical task, which is to arrive at moral standards that regulate right and wrong conduct. Finally,
(d)involves examining specific controversial issues.
________________________________________
52. The steps in the Mintz and Morris model for making ethical decisions are listed below. Number them in the
order of their occurrence based on the information in the text.
____
____
____
____
53. Bells characteristics of a professional are listed below on the right. Match each example on the left with
the most appropriate characteristic on the right. Use each characteristic exactly once.
c. Communicates effectively
a. Actively seeks additional
knowledge
f. Recognizes the influence of
political, social, economic, legal and
regulatory forces
b. Appropriately uses technical
knowledge
e. Integrates knowledge from
many disciplines
____
____
____
____
____
54. The chapter discussed four schools of ethical thought: (a) justice, (b) rights and duties, (c) utilitarian and
(d) virtues. Which school best describes each of the following independent items?
1. As long as a decision maker is not harming anyone, he should be able to do as he pleases.
2. Hassan told Rosie to 'mind her own business' when she discovered he had overestimated his expenses for a
recent business trip.
3. Peter embezzled cash from his employer to pay for his grandmother's medicine.
4. Rewards should be based on performance.
5. Rob believed that leaving out unfavorable information from a report was the same as lying, and therefore
would not do it.
6. Sarah prepared a graph of her division's profits to use when asking her supervisor for a raise.
7. Stealing is immoral.
8. The outcome of a decision is more important than the decision itself.
55. Bell identified seven criteria to be a professional. Which criterion applies to each independent situation
below?
1) Albert wrote an e-mail to a prospective new client.
2) David used time value of money principles to calculate the price of a bond.
3) Hal participated in an online conference about tax law changes.
4) Jordan considered the impact of foreign currency exchange rates on an investment.
5) Joshua calculated straight-line depreciation.
6) Maria used the systems development life cycle to design a new AIS.
7) Peggy completed the annual continuing professional education requirements for her Certified Fraud
Examiner credential.
8) Robert refused to falsify a tax return.
9) Ryan prepared a written summary of tax rules for a client.
10) Samantha compared the costs and benefits of a set of internal controls.
56. Langenderfer and Rockness suggested an eight-step model for resolving ethical dilemmas. Consider each
of the independent statements that follow; indicate what would happen immediately after the action listed based
on the Langenderfer and Rockness model.
1) Arnold, having arrived at a decision about what to do, discussed his proposed action with a trusted coworker.
2) Beverly determined that a case she was investigating dealt with embezzling cash, which would impact the
companys employees and other groups.
3) Lenise laid out three potential responses for a violation of her companys ethics code.
4) Linda consulted the AICPA Code of Professional Conduct for an ethics issue raised by a co-worker.
5) Maria considered what would happen to various stakeholders for each of three alternatives she had
identified.
57. Consider each independent situation below. For each one, indicate the school of ethical thought the
decision maker is using; circle one word or phrase that led you to your conclusion.
1. Charles justified cheating on his income taxes based on the benefits his family would receive as a result.
2. Hassan told Rosie to mind her own business when she discovered he had overestimated his expenses for a
recent business trip.
3. Peter embezzled cash from his employer to pay for his grandmothers medicine.
4. Rob believed that leaving out unfavorable information from a report was the same as lying, and therefore
would not do it.
5. Sarah prepared a graph of her divisions profits to use when asking her supervisor for a raise.
58. The chapter discussed three subdivisions of the broad field of ethics: metaethics, normative ethics and
applied ethics. Indicate which of the following statements would relate to normative ethics as the term is used
in the accounting profession.
____ Alejandro reviewed the ethical code of the Institute of Management Accountants to determine what
action he should take when faced with an ethical dilemma.
____ Jim, the chief financial officer of BRT Corporation, is a licensed certified public accountant. He
reviewed the provisions of the Sarbanes-Oxley Act to determine the consequences he could face for not
fulfilling his ethical obligations under the Act.
____ Jodie, a certified fraud examiner, compared historical versions of the Association of Certified Fraud
Examiners ethical code with the current version to gain an understanding of how the code was developed.
____ Kristin is a certified information systems auditor. She called the AICPAs ethics hotline to discuss a
potential ethical violation by Stewart, a co-worker and licensed certified public accountant.
____ Louise, a Certified Public Accountant, discussed the issue of capital punishment with a group of coworkers at her firm.
____ Melissa, an internal auditor for the City of Bufflufia, looked up the Mintz and Morris model for guidance
in resolving an ethics issue.
59. Bell suggested seven characteristics necessary to be considered a professional. Revise each statement
below to more appropriately reflect one of those characteristics; indicate the relevant characteristic in the space
provided.
Original statement
Revised statement
Bell characteristic
60. McDonald suggested four characteristics necessary to be considered a professional. Revise each statement
below to more appropriately reflect one of those characteristics; indicate the relevant characteristic in the space
provided.
Original statement
Revised statement
McDonald characteristic
62. In your own words, define the following terms: ethics, metaethics, normative ethics, applied ethics. Give
an example with each definition.
63. Miguel had just been promoted to Director of Accounts Receivable in the accounting department of TPC
Corporation. His first responsibility was to develop and explain a better system for estimating and writing off
bad debts. Without referring to the technical aspects of those tasks, discuss four things Miguel should do based
on Bells characteristics of a professional.
64. Taylor became aware of a serious ethical breach in her company related to a small group of managers
recording sales revenue inappropriately. She called a meeting of all the managers in the company and told them
to confess or else. The managers, particularly those who had not committed any ethical breach, became very
angry and the meeting ended in chaos.
Analyze Taylors actions. Suggest a better approach for dealing with the ethics issue in her company; ensure
that your suggestions are clearly applied to Taylors situation.
65. Taylor became aware of a serious ethical breach in her company related to a small group of managers
recording sales revenue inappropriately. In interviewing those managers about the issue, Taylor asked each one
why they had committed the ethical breach.
Use two of the four schools of ethical thought discussed in the text to create brief responses the managers
would have given Taylor. For each response, indicate the relevant school of ethical thought.
ch16 Key
1. Bells characteristics of a professional include the ability to think in which of the following ways?
A.
B.
C.
D.
Rationally
Logically
Coherently
All of the above
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #1
LO 1
2. Bells characteristics of a professional include the ability to recognize the influence of:
A.
B.
C.
D.
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #2
LO 1
3. McDonald wrote that professionals utilize a specialized knowledge base. Which of the following is the best
example of the specialized knowledge base in accounting?
A.
B.
C.
D.
BLOOM: Comprehension
Difficulty: Medium
Hurt - Chapter 16 #3
LO 1
4. McDonald wrote that professionals utilize complex skills. Complex skills in accounting include:
A.
B.
C.
D.
BLOOM: Comprehension
Difficulty: Medium
Hurt - Chapter 16 #4
LO 1
5. Which of the following demonstrates the least professional behavior based on Bells characteristics?
A.
B.
C.
D.
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #5
LO 1
6. As professionals, accountants often use a specialized knowledge base. That specialized knowledge base can
come from:
A.
B.
C.
D.
FASB pronouncements.
Textbooks in accounting and other fields.
Both A and B.
Neither A nor B.
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #6
LO 1
7. Depreciation is the periodic allocation of an assets cost to the periods which benefit from the assets use.
That statement is an example of:
A.
B.
C.
D.
Technical knowledge.
A specialized knowledge base.
Both A and B.
Neither A nor B.
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #7
LO 1
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #8
LO 1
9. Bumble Beasley remarked: The only way to be an accounting professional is to earn a CPA license.
Which of the following statements is most true?
A.
B.
C.
D.
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #9
LO 1
10. One mark of a professional is adherence to a code of ethical behavior. Which of the following statements is
most true?
A. As the phrase is used in accounting, code of ethical behavior refers to utilitarianism and other schools of
ethical thought.
B. As the phrase is used in accounting, code of ethical behavior refers to meta-ethics.
C. Both A and B are true.
D. Neither A nor B is true.
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #10
LO 1
11. McDonald stated that professionals have autonomy of practice. In the accounting profession, autonomy of
practice has been limited by:
A.
B.
C.
D.
FASB.
COSO.
PCAOB.
All of the above.
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #11
LO 2
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #12
LO 2
13. According to Bell, a professional integrates knowledge from many disciplines. Accounting information
systems integrates knowledge from:
A.
B.
C.
D.
BLOOM: Comprehension
Difficulty: Medium
Hurt - Chapter 16 #13
LO 2
14. According to Bell, a professional integrates knowledge from many disciplines. Knowledge about ethics
requires an accountant to integrate knowledge from:
A.
B.
C.
D.
Philosophy.
Communication.
Science.
Psychology.
BLOOM: Comprehension
Difficulty: Medium
Hurt - Chapter 16 #14
LO 2
15. Which of the following statements best applies a characteristic of a professional in the context of
accounting?
A. Raul, a licensed CPA, learned to speak a foreign language in preparation for his firms expansion into
Europe.
B. Paula, a corporate accountant, studied the roles men and women play in business in Egypt.
C. Both A and B.
D. Neither A nor B.
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #15
LO 2
16. Which of the following statements best applies a characteristic of a professional in the context of
accounting?
A. Beverly, a government accountant, prepared two versions of a presentation on governmental financial
statements to deliver to two different audiences.
B. Mark, a corporate accountant, resolved an ethical dilemma based on the IMA code of ethics.
C. Both A and B.
D. Neither A nor B.
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #16
LO 2
17. Which of the following best pairs a characteristic of a professional with an example of that characteristic?
A. Appropriately uses technical knowledge, closed nominal accounts at the end of the fiscal year
B. Integrates knowledge from many disciplines, closed nominal accounts at the end of the fiscal year
C. Appropriately uses technical knowledge, prepared a schedule of cash receipts and cash payments in Excel
D. Integrates knowledge from many disciplines, prepared a schedule of cash receipts and cash payments in
Excel
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #17
LO 2
18. Which of the following best pairs a characteristic of a professional with an example of that characteristic?
A.
B.
C.
D.
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #18
LO 2
19. Which of the following pairs provides examples of integrating knowledge from other disciplines in
accounting?
A. Completes the steps in the systems development life cycle, applies expectancy theory to improve motivation
B. Selects software using the weighted-rating model, analyzes internal controls in the sales / collection process
C. Analyzes internal controls in the sales / collection process, applies expectancy theory to improve motivation
D. Prepares a schedule of cash receipts in Excel, gives two examples of COSO documents
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #19
LO 2
20. Which of the following pairs provides examples of appropriately using technical knowledge in accounting?
A.
B.
C.
D.
Closing nominal accounts at the end of the year, reconciling a bank statement
Closing nominal accounts at the end of the year, using Steps for Better Thinking
Reconciling a bank statement, using Steps for Better Thinking
Adjusting the accounts for accrued revenue, applying complex FASB standards
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #20
LO 2
21. Ethics:
A.
B.
C.
D.
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #21
lo 3
22. Arriving at moral standards that regulate right and wrong conduct is called:
A.
B.
C.
D.
Metaethics.
Normative ethics.
Applied ethics.
Obeying the law.
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #22
lo 3
BLOOM: Comprehension
Difficulty: Medium
Hurt - Chapter 16 #23
lo 3
BLOOM: Comprehension
Difficulty: Medium
Hurt - Chapter 16 #24
lo 3
25. Consider the following statements as you respond to the next question:
A.
B.
C.
D.
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #25
lo 3
26. Consider the following statements as you respond to the next question:
A.
B.
C.
D.
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #26
lo 3
27. Consider the following statements as you respond to the next question:
A.
B.
C.
D.
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #27
lo 3
28. Consider the following statements as you respond to the next question:
The Internet Encyclopedia of Philosophy explained that ethics can be divided into three general subject areas. Which of the following pairs includes
two examples of different areas?
A.
B.
C.
D.
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #28
lo 3
29. Consider the following statements as you respond to the next question:
A.
B.
C.
D.
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #29
lo 3
30. Consider the following statements as you respond to the next question:
A.
B.
C.
D.
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #30
lo 3
31. Which school of ethical thought follows the belief that the ends justify the means?
A.
B.
C.
D.
Utilitarian
Rights and duties
Justice
Virtues
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #31
LO 4
32. Which school of ethical thought follows the belief that everyone should be given what they deserve?
A.
B.
C.
D.
Utilitarian
Rights and duties
Justice
Virtues
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #32
LO 4
33. Which of the following statements is most reflective of the virtues school of ethical thought?
A.
B.
C.
D.
Stealing is wrong.
Everyone has the right to steal.
Both A and B
Neither A nor B
BLOOM: Comprehension
Difficulty: Medium
Hurt - Chapter 16 #33
LO 4
34. Which of the following statements is most reflective of the utilitarian school of ethical thought?
A.
B.
C.
D.
Lying is wrong.
Lying is OK if its done to avoid hurting someones feelings.
Both A and B
Neither A nor B
BLOOM: Comprehension
Difficulty: Medium
Hurt - Chapter 16 #34
LO 4
Utilitarian or justice
Rights and duties
Virtues
Any of the above
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #35
LO 4
36. Fred embezzled money from his employer. When Susan, his co-worker, confronted him, Fred told her she
should mind her own business. Which school of ethical thought best describes Freds response?
A.
B.
C.
D.
Utilitarian
Rights and duties
Normative
Applied
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #36
LO 4
37. Under which school of ethical thought could someone justify stealing inventory from their employer?
A.
B.
C.
D.
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #37
LO 4
38. Which of the following statements about schools of ethical thought is most true?
A. A specific action, such as stealing, might be considered ethical under one school but unethical under another.
B. A specific action, such as stealing, might be considered ethical under more than one school, but for different
reasons.
C. Both A and B are true.
D. Neither A nor B is true.
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #38
LO 4
39. Lee was caught using a work computer for an inappropriate personal purpose. He commented: I wasnt
hurting anyone, since I was on my lunch break. Lees justification indicates that he is following which school
of ethical thought?
A.
B.
C.
D.
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #39
LO 4
40. Joan asked to be compensated for work she had voluntarily done at home, although she had no written
proof of the work. She is most likely following which school of ethical thought with respect to her request for
compensation?
A.
B.
C.
D.
Justice
Virtues
Applied
Normative
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #40
LO 4
41. Following the Langenderfer and Rockness model for resolving ethical dilemmas, which of the following
steps should happen first?
A.
B.
C.
D.
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #41
LO 5
42. Following the Mintz and Morris model for resolving ethical dilemmas, which of the following steps should
occur last?
A.
B.
C.
D.
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #42
LO 5
43. A department manager might be involved in which steps of the Langenderfer and Rockness model for
resolving ethical dilemmas?
A.
B.
C.
D.
BLOOM: Comprehension
Difficulty: Medium
Hurt - Chapter 16 #43
LO 5
44. The third step of the Mintz and Morris model for resolving ethical dilemmas could involve:
A.
B.
C.
D.
Customers.
Employees.
Either or both of the above.
None of the above.
BLOOM: Comprehension
Difficulty: Medium
Hurt - Chapter 16 #44
LO 5
45. Joey is the vice president of corporate ethics at NCD Corporation. In a recent case of fraud discovered at
NCD, Joey considered whether he should fire the employee who committed the fraud, require repayment of the
funds stolen or both. Following the Langenderfer and Rockness model, Joeys next action should be:
A.
B.
C.
D.
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #45
LO 5
46. Joey is the vice president of corporate ethics at NCD Corporation. Through an anonymous hotline, he
received a tip that Tom, also an NCD employee, had unfairly terminated an employee in his department. Based
on the Mintz and Morris model for resolving ethical dilemmas, what should Joey do first?
A.
B.
C.
D.
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #46
LO 5
47. Langender and Rockness proposed an eight-step model for resolving ethical dilemmas; Mintz and Morris
proposed a ten-step model. Which of the following statements is most true?
A.
B.
C.
D.
The second step in Langenderfer and Rockness is similar to the third step in Mintz and Morris.
The second step in Langenderfer and Rockness is similar to the second step in Mintz and Morris.
Both A and B are true.
Neither A nor B is true.
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #47
LO 5
48. Langender and Rockness proposed an eight-step model for resolving ethical dilemmas; Mintz and Morris
proposed a ten-step model. Which of the following statements is most true?
A.
B.
C.
D.
The Mintz and Morris model is better because it involves more steps.
The Langenderfer and Rockness model is better because it involves fewer steps.
The two models will always result in the same decision.
None of the above statements is true.
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #48
LO 5
49. Langender and Rockness proposed an eight-step model for resolving ethical dilemmas; Mintz and Morris
proposed a ten-step model. Which of the following statements is most true?
A. The ethics codes of professional accounting organizations will be involved in the third step of the
Langenderfer and Rockness model.
B. The ethics codes of professional accounting organizations will be involved in the fourth step of the Mintz
and Morris model.
C. Both A and B are true.
D. Neither A nor B is true.
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #49
LO 5
50. Langender and Rockness proposed an eight-step model for resolving ethical dilemmas; Mintz and Morris
proposed a ten-step model. Which of the following statements is most true?
A. The Mintz and Morris model specifically discourages thoughtful consideration of a choice after an ethical
dilemma is resolved.
B. The Mintz and Morris model is focused more specifically on accounting ethics than the Langenderfer and
Rockness model.
C. Both A and B are true.
D. Neither A nor B is true.
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #50
LO 5
51. Supply the missing words / phrases below based on the definition of ethics in the text.
The field of ethics, also called (a), involves systematizing, defending, and recommending concepts of right and
wrong behavior. (b)investigates where our ethical principles come from, and what they mean. (c)takes on a
more practical task, which is to arrive at moral standards that regulate right and wrong conduct. Finally,
(d)involves examining specific controversial issues.
a. moral philosophy b. metaethics c. normative ethics d. applied ethics
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #51
lo 3
52. The steps in the Mintz and Morris model for making ethical decisions are listed below. Number them in the
order of their occurrence based on the information in the text.
4
2
3
1
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #52
LO 5
53. Bells characteristics of a professional are listed below on the right. Match each example on the left with
the most appropriate characteristic on the right. Use each characteristic exactly once.
c. Communicates effectively
a. Actively seeks additional
knowledge
f. Recognizes the influence of
political, social, economic, legal and
regulatory forces
b. Appropriately uses technical
knowledge
e. Integrates knowledge from many
disciplines
4
5
6
2
7
54. The chapter discussed four schools of ethical thought: (a) justice, (b) rights and duties, (c) utilitarian and
(d) virtues. Which school best describes each of the following independent items?
1. As long as a decision maker is not harming anyone, he should be able to do as he pleases.
2. Hassan told Rosie to 'mind her own business' when she discovered he had overestimated his expenses for a
recent business trip.
3. Peter embezzled cash from his employer to pay for his grandmother's medicine.
4. Rewards should be based on performance.
5. Rob believed that leaving out unfavorable information from a report was the same as lying, and therefore
would not do it.
6. Sarah prepared a graph of her division's profits to use when asking her supervisor for a raise.
7. Stealing is immoral.
8. The outcome of a decision is more important than the decision itself.
BLOOM: Comprehension
Difficulty: Medium
Hurt - Chapter 16 #54
LO 4
55. Bell identified seven criteria to be a professional. Which criterion applies to each independent situation
below?
1) Albert wrote an e-mail to a prospective new client.
2) David used time value of money principles to calculate the price of a bond.
3) Hal participated in an online conference about tax law changes.
4) Jordan considered the impact of foreign currency exchange rates on an investment.
5) Joshua calculated straight-line depreciation.
6) Maria used the systems development life cycle to design a new AIS.
7) Peggy completed the annual continuing professional education requirements for her Certified Fraud
Examiner credential.
8) Robert refused to falsify a tax return.
9) Ryan prepared a written summary of tax rules for a client.
10) Samantha compared the costs and benefits of a set of internal controls.
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #55
LO 1
56. Langenderfer and Rockness suggested an eight-step model for resolving ethical dilemmas. Consider each
of the independent statements that follow; indicate what would happen immediately after the action listed based
on the Langenderfer and Rockness model.
1) Arnold, having arrived at a decision about what to do, discussed his proposed action with a trusted coworker.
2) Beverly determined that a case she was investigating dealt with embezzling cash, which would impact the
companys employees and other groups.
3) Lenise laid out three potential responses for a violation of her companys ethics code.
4) Linda consulted the AICPA Code of Professional Conduct for an ethics issue raised by a co-worker.
5) Maria considered what would happen to various stakeholders for each of three alternatives she had
identified.
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #56
LO 5
57. Consider each independent situation below. For each one, indicate the school of ethical thought the
decision maker is using; circle one word or phrase that led you to your conclusion.
1. Charles justified cheating on his income taxes based on the benefits his family would receive as a result.
2. Hassan told Rosie to mind her own business when she discovered he had overestimated his expenses for a
recent business trip.
3. Peter embezzled cash from his employer to pay for his grandmothers medicine.
4. Rob believed that leaving out unfavorable information from a report was the same as lying, and therefore
would not do it.
5. Sarah prepared a graph of her divisions profits to use when asking her supervisor for a raise.
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #57
LO 4
58. The chapter discussed three subdivisions of the broad field of ethics: metaethics, normative ethics and
applied ethics. Indicate which of the following statements would relate to normative ethics as the term is used
in the accounting profession.
__X__ Alejandro reviewed the ethical code of the Institute of Management Accountants to determine what
action he should take when faced with an ethical dilemma.
__X__ Jim, the chief financial officer of BRT Corporation, is a licensed certified public accountant. He
reviewed the provisions of the Sarbanes-Oxley Act to determine the consequences he could face for not
fulfilling his ethical obligations under the Act.
_____ Jodie, a certified fraud examiner, compared historical versions of the Association of Certified Fraud
Examiners ethical code with the current version to gain an understanding of how the code was developed.
__X__ Kristin is a certified information systems auditor. She called the AICPAs ethics hotline to discuss a
potential ethical violation by Stewart, a co-worker and licensed certified public accountant.
_____ Louise, a Certified Public Accountant, discussed the issue of capital punishment with a group of coworkers at her firm.
_____ Melissa, an internal auditor for the City of Bufflufia, looked up the Mintz and Morris model for
guidance in resolving an ethics issue.
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #58
lo 3
59. Bell suggested seven characteristics necessary to be considered a professional. Revise each statement
below to more appropriately reflect one of those characteristics; indicate the relevant characteristic in the space
provided.
Original statement
Revised statement
Bell characteristic
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #59
LO 2
60. McDonald suggested four characteristics necessary to be considered a professional. Revise each statement
below to more appropriately reflect one of those characteristics; indicate the relevant characteristic in the space
provided.
Original statement
Revised statement
McDonald characteristic
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #60
LO 1
BLOOM: Knowledge
Difficulty: Easy
Hurt - Chapter 16 #61
LO 1
62. In your own words, define the following terms: ethics, metaethics, normative ethics, applied ethics. Give
an example with each definition.
BLOOM: Comprehension
Difficulty: Medium
Hurt - Chapter 16 #62
lo 3
63. Miguel had just been promoted to Director of Accounts Receivable in the accounting department of TPC
Corporation. His first responsibility was to develop and explain a better system for estimating and writing off
bad debts. Without referring to the technical aspects of those tasks, discuss four things Miguel should do based
on Bells characteristics of a professional.
BLOOM: Application
Difficulty: Medium
Hurt - Chapter 16 #63
LO 2
64. Taylor became aware of a serious ethical breach in her company related to a small group of managers
recording sales revenue inappropriately. She called a meeting of all the managers in the company and told them
to confess or else. The managers, particularly those who had not committed any ethical breach, became very
angry and the meeting ended in chaos.
Analyze Taylors actions. Suggest a better approach for dealing with the ethics issue in her company; ensure
that your suggestions are clearly applied to Taylors situation.
BLOOM: Analysis
Difficulty: Hard
Hurt - Chapter 16 #64
LO 5
65. Taylor became aware of a serious ethical breach in her company related to a small group of managers
recording sales revenue inappropriately. In interviewing those managers about the issue, Taylor asked each one
why they had committed the ethical breach.
Use two of the four schools of ethical thought discussed in the text to create brief responses the managers
would have given Taylor. For each response, indicate the relevant school of ethical thought.
Bloom: Synthesis
Difficulty: Hard
Hurt - Chapter 16 #65
LO 4
ch16 Summary
Category
# of Questions
BLOOM: Analysis
13
BLOOM: Application
13
BLOOM: Comprehension
13
BLOOM: Knowledge
13
Bloom: Synthesis
13
Difficulty: Easy
13
Difficulty: Hard
26
Difficulty: Medium
26
Hurt - Chapter 16
65
LO 1
13
LO 2
13
lo 3
13
LO 4
13
LO 5
13