ACC 411 Exam answers
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Description
Ethics Questions
ACC 411 - Accounting Ethics
Midterm Exam
Multiple Choice (2 points each)
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Each of the following elements make up an integral part of what is meant by "ethics" except for:
standards of behavior
the difference between right and wrong
following the law
moral point of view
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When is it appropriate to contact the audit committee about a difference of opinion with the CFO over an accounting or financial reporting manner?
the CFO does not agree to correct the financial statements
CEO supports the CFO and does not agree to correct the financial statements
external auditors support the CEO and do not agree to correct the financial statements
audit committee should always be the first to be informed about such...
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