Questions and Answers of Ethical Obligations Decision

1. Why do you think this type of behavior was allowed to go on for nearly thirty years?2. What biases do you think may have played a role in the decisions made by both victims and others who were
In 2016, an incident of price gouging raised issues similar to those in the Heinz and the Drug discussion in this chapter. Turing Pharmaceuticals purchased the right to the prescription drug Diaprim,
Michael has ignored which of the Kohlberg Stages of Moral Development?a. Sensitivityb. Moral Intensityc. Intellectual Virtued. Social Contract
1. Should you discuss the matter first with Troy before responding to Joyce? Explain.2. Assume Kristen is a Certified Management Accountant and member of the Institute of Management Accountants. As
Back in August 2017, a leaked memo by Google employee James Damore alleged that the company was discriminating in its hiring practices based on race or gender. He claimed that Google was "pressing
Giving Voice to Values links ethical intent and ethical action to which of the following?a. Kohlberg’s Stages of Moral Developmentb. Rest Four Stage Modelc. Jones Moral Intensity Modeld. Libby and
On November 21, 2017, a story broke that New Yorker reporter Ronan Farrow had alleged that Harvey Weinstein used lengthy nondisclosure agreements attached to hefty monetary settlements to prevent
Barbara is reminded that “Jessica is a stickler for keeping to the budget.” At what level is Jessica operating with this point of view that potentially impedes implementing proper audit
How do theories about the world, other people, and ourselves influence ethical decision making?
Barbara is responding to which of the Kohlberg stages?a. Social Contractb. Fairness to Othersc. Avoidance of Punishmentd. Both Social Contract and Fairness to Others
Why do you think good people sometimes do bad things? Explain.
Diane is operating at which of the Kohlberg stages?a. Social Contractb. Fairness to Othersc. Satisfying One’s Own Needsd. Universal Ethical Principles
Mark Twain once said, “If you tell the truth, you don’t have to remember anything.” Explain what you think Twain meant by this statement and how it addresses one’s character.
Assume you are preparing for an interview with the director of personnel. Given the following questions, craft a response that you would feel comfortable giving for each one. Describe an
In the discussion of loyalty in this chapter, a statement is made that “your ethical obligation is to report what you have observed to your supervisor and let her take the appropriate action.” We
Do you think a CPA can justify allowing the unethical behavior of a supervisor by claiming, “It’s not my job to police the behavior of others?”
CPAs who make false statements in advertisements violate the AICPA rules of conduct. Do you think it would be ethical for a CPA to hire a person to advertise in this manner for them? Why or why not?
Using the concept of justice that holds equals should be treated equally, unequal unequally, discuss how an auditor would assess the equality of interests in the financial reporting process.
Do you agree with our decision to omit Rand’s Rational Egoism as a basis for making ethical judgments in accounting? Explain.
Socrates said that the best way to solve a problem is by thinking. Do you agree? Is thinking enough to solve most problems that arise in accounting? Explain.
Gloria Hernandez’s situation is analogous to which real-world figure?a. Sherron Watkinsb. Betty Vinsonc. Lea Fastowd. Dave Meyer
For years, the Baseball Hall of Fame has officially steered clear of the question as to how voters should handle the candidacies of players connected to performance-enhancing drugs. On November 21,
The question of whether to capitalize or expense in this situation most closely parallels the case involving which company?a. Enronb. Tycoc. ZZZZ Bestd. WorldCom
The 2016 Deloitte Millennial Survey of 7,500 college educated, full-time employees from 29 countries found that the most significant factor influencing respondents' decision-making at work was their
Jose and Emily would probably have to report this incident under which Principles section of the AICPA Code of Conduct?a. Public Interestb. Integrityc. Objectivity and Independenced. Due Care
If Jose and Emily decide to report this incident to the school, they would be operating under which Pillar of Character?a. Caringb. Respectc. Responsibilityd. Fairness
Do you think it is ethical for a prospective employer to investigate your social media footprint in making a hiring decision? What about monitoring social networking activities of employees while on
The manager seems to be failing in regard to which Pillar of Character?a. Caringb. Respectc. Responsibilityd. Fairness
1. Do you think it was right for Cyndie to tell the Japanese tourist that “her coworker had to go home early because he was sick?”2. Cyndie decided to speak with Jeffrey. From an ethical
One explanation about rights is that “there is a difference between what we have the right to do and what is the right thing to do.” Explain what you think is meant by this statement. Do you
Giles probably violated which of the IMA Standards?a. Competenceb. Confidentialityc. Integrityd. Credibility
Ethics in accounting is based on which of the following?a. Respectb. Fairnessc. Responsibilityd. Integrity
1. What values are most important to you in deciding on a course of action? Why?2. Who are the stakeholders in this case and how might they be affected by your course of action?3. What would you do
Is there a difference between cheating on a math test, pocketing an extra $10 from the change given to you at a restaurant, and using someone else’s ID to get a drink at a bar?
Herb Morris should probably make his decision about what to do regarding Giles and Regas using what theory?a. Deontologyb. Justicec. Virtued. Teleology
Is it ever appropriate to lie to someone? Explain why or why not using ethical reasoning. Give one example of when you believe lying might be justified.
One might say Giles was acting on which ethical theory?a. Utilitarianismb. Deontologyc. Virtued. Teleology/egoism
1. What are the loyalty obligations of both parties in this case?2. Assume that you were in Gloria Hernandez’s position. What would motivate you to speak up and act or to stay silent? Would it make
In respect to Herb Morris as a Managing Partner, Giles and Regas’s failure to adhere to firm rules most closely breaks which of the Josephson Pillars?a. Trustworthinessb. Citizenshipc. Respectd.
1. Did Ed commit an act discreditable to the profession? Explain.2. Does the case have any bearing on Ed's ability to provide competent services to his client and serve the public interest? Why or
The students were most likely operating under which moral philosophy?a. Deontology or equal respect to all personsb. Hobbes and Locke’s theories of rightsc. Rawls’ theory of justiced. A subset of
We could best examine the actions of the students in this case by examining student _______.a. Ethicsb. Moralsc. Norms and valuesd. Laws
1. What potential consequences are there for Veronica, the internship program, the other employers, the university, and other students should Veronica not honor her commitment?2. Analyze Veronica’s
Students who engage in cheating usually rationalize their behavior via what?a. Ethical relativismb. Situation ethicsc. Cultural valuesd. Responsibility
A common ethical dilemma used to distinguish between philosophical reasoning methods is the following. Imagine that you are standing on a footbridge spanning some trolley tracks. You see that a
Students who engaged in cheating would have probably violated which of the following Six Pillars of Character more than the others?a. Trustworthinessb. Respectc. Responsibilityd. Fairness
1. Using Josephson’s Six Pillars of Character, which of the character traits (virtues) apply to the May 2012 Harvard cheating scandal and how do they apply with respect to the actions of each of
Assume you are asked in an interview: Give me one word that describes you best? Then, explain why it is important ineffective leadership.
It has been said that “Businesses don’t fail – Leaders do.” Explain what this means.

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