ACCT 4321 ETHICS PAPER Points: 60 Maximum Length: 5 pages of text, and a one page cover sheet containing your name, secton number, and a 100 word abstract summarizing the most important things you learned from completng this assignment. Locate the following two artcles on Professor Kuangs course webpage: (1) Hollow men and women at the helmHollow accountng ethics? (2) Danish evidence of auditors level of moral reasoning and predispositon to provide fair judgments. Your paper should be organized into four sectons by addressing the following four questons. a. What are the major arguments made in the first paper? Do you agree with them? What are the strengths of Professor Waddocks analysis? What are the weaknesses? What does the fact that there were frauds and unethical behavior long before the advent of formal business school educaton imply regarding Professor Waddocks views? b. What was the average level of moral reasoning for the auditors surveyed in the second paper? What does this imply for potental audit judgments made by those auditors and the extent to which they may be influenced by client preferences? c. Discuss whether you believe that ethics interventons during your college educaton will be helpful in assuring that your ethical framework will be appropriate for the dutes you will be expected to perform as a professional accountant. d. Nearly all of the students in your class will be entering the professional workplace during the next year or so. It is important that you consciously consider how you might react if you encounter an ethical dilemma. Most importantly, you need to recognize that you are encountering an ethical dilemma and to think very carefully about the nature of that dilemma, how you might handle the situaton itself, and how you might antcipate the outcomes of that situaton. Toward that end, you are to imagine an ethical dilemma that you may encounter in your new professional life. Describe the nature of the dilemma. Describe how you plan to handle the situaton. Describe potental outcomes of your reacton to the situaton.