For Asma
jdeenn
acct_411-q3.docxSpring 2015
Quiz 3
Professor Jones
1. The code of ethics for managerial accounting presents four standards of ethical conduct. What are these?
2. The major function served by both public and managerial accountants is to use their independent judgment with complete freedom.
3. List 8 ways to manipulate a financial statement.
4. An article by Saul W. Gellerman, identified in our text, gives four rationalizations that managers use to justify suspect behavior. What are these rationalizations?
5. What course of action should practitioners of management accounting and financial management follow when faced with an ethical conflict?
6. A whistle-blower should only voice a complaint if there is some chance of success.
7. What are the seven standards presented in the Statements on Standards for Tax Services?
8. A tax preparer should avoid recommending or signing a return which reflects a positon that the preparer knows, "exploits the audit selection process of a taxing authority, or … serves as a mere arguing position advanced solely to obtain leverage in a negotiation with a taxing
9. Is good ethics good business?
10. What are the five most important pressures accountants and accounting firms face to put profit maximization ahead of professionalism?
11. Earning management is always illegal.
