Question 1 (1 point)

A professional accountants most important assets are:

Question 1 options:

	Professional knowledge and perseverance
	Professional knowledge and a good reputation
	A good location and well-known name
	A good client list and professional connections

Question 2 (1 point)

Should we pursue personal success:

Question 2 options:

	We should not pursue personal success because that would be selfish
	Prudence allows us to use all of our talents and resources, but justice dictates that we cannot harm or treat others unfairly in our pursuit of success
	Prudence dictates that we use every means at our disposal to achieve success
	Justice demands that we pursue personal success

Question 3 (1 point)

The Code of Conduct indicates that integrity is measured in terms of what is:

Question 3 options:

	Convenient and profitable
	Written down as ethical rules
	Right and just
	Wise and appropriate

Question 4 (1 point)

The relationship between justice and society is be described as follows:

Question 4 options:

	In the absence of justice, society will crumble
	Justice is unimportant for society
	Justice is important to help society flourish
	Justice is an essential feature of most societies

Question 5 (1 point)

Which virtue(s) can be compelled by force?

Question 5 options:

	Prudence and Justice
	Justice
	Justice and Benevolence
	None of them

Question 6 (1 point)

Per the Code of Professional Conduct, Integrity cannot accommodate

Question 6 options:

	Differences of professional opinion
	Divulging a clients confidential information
	Insubordination to ones superiors
	Deceit or subordination of principle

Question 7 (1 point)

If no one could rely on the accuracy of financial reporting

Question 7 options:

	There would be some negative impact to our capital markets
	There would be no impact to our capital markets
	There would be a severe negative impact to our capital markets
	Financial reporting has nothing to do with our capital markets

Question 8 (1 point)

Per Adam Smith, most people have a strong sense of justice because:

Question 8 options:

	They sympathize with the resentment of the victim
	They realize that justice is important for a successful society
	They fear for their own safety
	They have a natural inclination to inflict punishment on others

Question 9 (1 point)

The Code of Professional Conduct Article III requires:

Question 9 options:

	Observing the form of technical and ethical standards
	Observing the spirit of technical and ethical standards
	Observing the form and spirit of technical and ethical standards
	None of the above

Question 10 (1 point)

Per Adam Smith, Justice is the virtue that:

Question 10 options:

	Gives each person what is due to them
	Refrains from harming others under any circumstances
	Consciously refrains from doing harm to another person from motives that are not naturally approved of
	Focuses on the comfort and safety of the individual