MC Questions on Ethics-1

MC Questions on Ethics-1 - ACC 102 Ethics Questions Name...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
ACC 102 Ethics Questions Name: Class Time: 1. The Institute of Management Accountants' Statement of Ethical Professional Practice states that when faced with significant ethical issues, management accountants should first: A. discuss such problems with the immediate superior except when it appears that the superior is involved. B. clarify relevant concepts by confidential discussion with an objective advisor to obtain an understanding of possible courses of action. C. follow the established policies of the organization bearing on the resolution of such conflict. D. submit an informative memorandum describing the ethical issue to an appropriate representative of the organization and resign if no action is taken as a result of the memorandum. 2. Under the Sarbanes-Oxley Act of 2002, the Public Company Accounting Oversight Board (PCAOB) established rules relating to the preparation of audit reports for issuers in which of the following? A. Auditing. B. Quality control. C. Ethics. D. Independence. E. All of the above. 3. Which of the following is not an element of competency? A. To develop appropriate knowledge about a particular subject. B. To perform duties in accordance with relevant laws.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/26/2013 for the course ACC 101 taught by Professor Hionis during the Spring '13 term at Temple.

Page1 / 2

MC Questions on Ethics-1 - ACC 102 Ethics Questions Name...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online