1. John and Gus Rigas are associated with:

a. none of these

b. Bernie Madoff

c. international postal reply coupons

d. Adelphia Communications Corporation(answer)

2. The chapter discussed four schools of ethical thought. Which of the following pairs includes ideas from a single school?

a.Community values cannot change based on circumstances or potential outcomes; people within a community should do what's best for the community as a whole. (answer)

b. Community is more important than individuality; people within a community should do what's best for them individually.

c. Community values cannot change based on circumstances or potential outcomes; people within a community should do what's best for them individually.

d. Community is more important than individuality; people within a community should do what's best for the community as a whole.

3. Which of the following is most reflective of utilitarianism?

a. In making ethical decisions, Annie strives to be true to her basic ethical nature. (answer)

b. Michelle reported fraud she had discovered because she believes that lying is always wrong.

c. Shan agreed to coach as many CPA candidates as possible, in spite of his busy schedule.

d. Jeff inflated his division's sales to get a bigger bonus for himself.

4. Big Data can arise from two broad types of sources. Which of the following best pairs one type with an example?

a. accounting, trial balance

b. marketing, customer preferences

c. All of these

d. digital, query results from a relational database(answer)

5. In accounting, ethics issues can arise in:

a. Neither determining the best school of ethical thought nor asset valuation.

b. Both determining the best school of ethical thought and asset valuation. (answer)

c. Determining the best school of ethical thought.

d. Asset valuation.

6. Beverly determined that a case she was investigating dealt with embezzling cash, which would impact the company's employees and other groups. Based on the Langenderfer and Rockness model, what should she do next?

a. Talk with a trusted co-worker.

b. Consult the company's code of ethics.

c. Develop a list of alternative actions. (answer)

d. Look up the definition of embezzlement.

7. Ethical egoism and utilitarianism are similar in that both:

a. Both are concerned with "benefits" and place the concerns of individuals above concerns for(answer) society. (answer)

b. Neither are concerned with "benefits" nor place the concerns of individuals above concerns for society.

c. place the concerns of individuals above concerns for society.

d. are concerned with "benefits."

Answer rating: 100% (QA)

1 d Ad el phia Communications Corporation John Rig as and his son Gus were co found ers of Ad el phia Communications Corporation The company grew to b... View the full answer