Please indicate whether each of the following statements is (i) always true, (ii) sometimes true, or (iii) never true. For those that are (ii) sometimes true, explain when the statement is true.
a. Legal behavior is the same as ethical behavior.
b. Metaethics and applied ethics are important in the accounting profession.
c. The habit of ethical decision making begins once you have your first professional job.
d. Any response to an ethical dilemma is acceptable, provided the decision maker can justify it.
e. Pyramid schemes are, by definition, both illegal and unethical.
f. Effective communication is an important part of professional behavior.
g. To be considered professional, an accountant must have a CPA license.
h. A subordinate can bypass his/her supervisor in reporting an ethical dilemma.
i. Violations of professional codes of ethics can lead to fines, prison, and/or losing your pro-
fessional license/certification.
j. The best ethical decision makers in accounting follow the utilitarianism school of ethical thought.

  • CreatedAugust 06, 2015
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