Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need Help to solve solution to each multiple choice question as follow: 1. Which of the following is a fundamental character trait that a CPA

Need Help to solve solution to each multiple choice question as follow:

1. Which of the following is a fundamental character trait that a CPA should possess to help withstand client and competitive pressures to act unethically:

Virtues Morals

Integritiy

Norms

Values

2.The basic ethic that guides virtually all of the worlds religions is

The teachings in the religious texts

The Golden Rule A fear of God

Empathy

Honesty

3. Ethics deals with well based standards of

Law

Discipline

Religious beliefs

How people actually act

How people ought to act

4. Your textbook states that ethics is about how we act when

We know we were being observed

We think we may be observed

No one is looking

Our peers will know what weve done

We will have to testify under oath as to what we have done

5. The Josephson Institute of Ethics identifies Six Pillars of Character that provide a foundation to guide ethical decision making. These ethical values include

Trustworthiness, honesty, integrity, reliability, loyalty, and whistleblowing

Trustworthiness, respect, responsibility, fairness, caring, and citizenship

Trustworthiness, honesty, integrity, reliability, loyalty, and respect

Trustworthiness, honesty, integrity, reliability, respect, and responsibility

None of the above

6. Kohlberg developed his theory of six stages of moral development by using data from studies on how decisions are made by individuals. He concluded that the highest claim of morality is

The universal principle of justice and equality as examples of principles that are deemed universal

Behavior emphasizing the morality of law and duty to the social order

An individual who is motivated by upholding the basic rights, values, and legal contracts of society

What is right is judged by ones obedience to rules and authority

An individual who is not only motivated by rules but seeks to do what is in the perceived best interests of others

7. In the Ford Pinto Discussion Question, we discussed whether Ford made a good business decision. What does your instructor believe the answer is to this question?

The decision was a good business decision because it complied with requirements from the National Highway Traffic Safety Administration

The decision was a good business decision because it complied with a court case, United States v. Carroll Towing

The decision was a good business decision because it would have cost more to fix the problem than the projected financial losses caused by the problem

All of the above are true and support it being a good business decision

A decision that is not ethical can never be a good business decision.

8. Your textbook states that in the Pinto case, Fords risk-benefit analysis relied only on

Act-utilitarian reasoning

Rule-utilitarian reasoning

Egoism Enlightened egoism Return on Investment (ROI) logic

9 The Ethical Dissonance Model describes differences in organizational ethics and individual ethics. If you are an individual in an organization with a Low-High fit, what should you most likely do?

Do all that you can to stay employed at this company because it is likely to bring you job satisfaction

This is a good fit for you, but one that is likely to bring the organization and your career to an unhappy ending

Find another job because you will not be able to meet the high ethical standards set by this organization

Find another job because you likely will not be happy working for this organization and may find it to be harmful to your career

None of the above

10. To avoid plagiarizing, if you use an authors specific word or words

All you need to do is credit the source at the end of the paper or somewhere in the paper

All you need to do is place those words within quotation marks

You must place those words within quotation marks and you must credit the source

You can avoid plagiarizing by paraphrasing the authors words rather than using specific words, in which case, you dont need to use quotation marks nor credit the source

None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Social Media Audits Achieving Deep Impact Without Sacrificing The Bottom Line

Authors: Urs E Gattiker

1st Edition

1843347458, 978-1843347453

Students also viewed these Accounting questions