Chapter_03 - Chapter 03 Student 1 Which of the following...

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Chapter 03 Student: ___________________________________________________________________________ 1. Which of the following statements is correct? A. Ethics is concerned primarily with the well being of your client. B. Ethics is principally an attitude of mind. C. Ethics is principally concerned with having a set of rules that must be complied with. D. Ethics is concerned with creating an environment that allows entities to make an equitable profit. 2. Ethics require: A. knowledge of moral principles. B. skill in applying moral principles. C. the development of virtues within the individual. D. All of the given answers are correct. 3. Which of the following is an example of deontological ethics? 4. Which of the following is an example of utilitarianism? 5. With respect to records in an auditor's possession:
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6. Which of the following is not an ethical attribute of an external auditor? A. Independence. B. Client advocacy. C. Objectivity. D. Concern for the public interest. 7. To help ensure adherence to the principles of independence, integrity, objectivity, confidentiality and professional behaviour, an audit firm requires written representations from professional personnel. Ordinarily, these would be required: 8. Competence as an independent auditor includes all of the following except:
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