Statement evaluation. Several statements related to the material in the chapter are listed below; you are required to explain whether each statement is (i) always true, (ii) sometimes true, or (iii) never true.

As part of their commitment to professionalism, accounting professionals should communi- cate effectively.

Continuing professional education is part of an accountants professional responsibilities only if the accountant is a licensed CPA.

Following the Langenderfer and Rockness model will always lead different decision makers to the same decision.

Following the requirements of SOX ensures that accountants will behave ethically.

From an ethical egoism point of view, acting in ones self-interest is always the same as act- ing selfishly.

In completing the seventh step of the Langenderfer and Rockness model, a decision maker may consult a non-accountant.

Professionalism in accounting requires adherence to the principles of virtue ethics.

Since most important ideas in accounting have not changed in many years, professionalism does not require any education beyond a bachelors degree.

Two different decision makers may reach different conclusions, even if both follow the Lan- genderfer and Rockness model.

Whether a person considers an action ethical or unethical depends on the persons ethical point of view.