Question 1

Accountants may hesitate to record a questionable entry if they know:

Accepted Answer

A)  Internal audit is likely to detect the possible error 
B)  Internal audit is likely to detect the inappropriate financial reporting practices 
C)  Internal audit is likely to communicate it to the external auditors 
D)  Internal audit is likely to blow the whistle on inappropriate financial reporting practices 
A)  Internal audit is likely to detect the possible error 
B)  Internal audit is likely to detect the inappropriate financial reporting practices 
C)  Internal audit is likely to communicate it to the external auditors 
D)  Internal audit is likely to blow the whistle on inappropriate financial reporting practices

Question 2

It can be said about followership that:

Accepted Answer

A)  Followership is the same as leadership 
B)  Followership and servant leadership are the same 
C)  Followership is the flip side of leadership 
D)  Followers are always transformational leaders 
A)  Followership is the same as leadership 
B)  Followership and servant leadership are the same 
C)  Followership is the flip side of leadership 
D)  Followers are always transformational leaders

Question 3

Ethical leadership failure can be caused by:

Accepted Answer

A)  Lines of communication are blurred 
B)  Ignoring ethical boundaries within a company 
C)  Organizational factors promote unethical action 
D)  All of the above 
A)  Lines of communication are blurred 
B)  Ignoring ethical boundaries within a company 
C)  Organizational factors promote unethical action 
D)  All of the above

Question 4

Values-based leadership can best be summed up as:

Accepted Answer

A)  Clearly articulating a vision for the organization 
B)  Defining organizational values and work culture 
C)  Clearly articulating and demonstrating one's values 
D)  Using the Giving Voice to Values methodology to create a culture of compliance 
A)  Clearly articulating a vision for the organization 
B)  Defining organizational values and work culture 
C)  Clearly articulating and demonstrating one's values 
D)  Using the Giving Voice to Values methodology to create a culture of compliance

Question 5

Social Learning Theory holds that:

Accepted Answer

A)  Employees learn what to do by observing their leaders' behavior and its consequences 
B)  Employees learn what not to do by observing their leaders' behavior and its consequences 
C)  Employees learn what to do and what not to do by observing their leaders' behavior and its consequences 
D)  Employees learn what to do and what not to do when antisocial behaviors exist 
A)  Employees learn what to do by observing their leaders' behavior and its consequences 
B)  Employees learn what not to do by observing their leaders' behavior and its consequences 
C)  Employees learn what to do and what not to do by observing their leaders' behavior and its consequences 
D)  Employees learn what to do and what not to do when antisocial behaviors exist

Question 6

Organizational dissidence in audit firms is created when:

Accepted Answer

A)  Client interests are placed ahead of the public interest 
B)  Firm interests are placed ahead of the public interest 
C)  Individual values do not fit into expectations of the firm 
D)  Individual values lead to firms changing their values to achieve greater socialization 
A)  Client interests are placed ahead of the public interest 
B)  Firm interests are placed ahead of the public interest 
C)  Individual values do not fit into expectations of the firm 
D)  Individual values lead to firms changing their values to achieve greater socialization

Question 7

Which of the following is NOT an attribute of internal audit leadership according to Chambers?

Accepted Answer

A)  Honesty 
B)  Objectivity 
C)  Accountability 
D)  Trustworthiness 
A)  Honesty 
B)  Objectivity 
C)  Accountability 
D)  Trustworthiness

Question 8

Trevino et al. believe ethical leaders possess each of the following two traits:

Accepted Answer

A)  Moral follower and moral servant 
B)  Moral person and moral manager 
C)  Moral person and moral employee 
D)  Moral person and transformational leader 
A)  Moral follower and moral servant 
B)  Moral person and moral manager 
C)  Moral person and moral employee 
D)  Moral person and transformational leader

Question 9

On an organizational level, the key issue in the Healthsouth case is:

Accepted Answer

A)  The influence of moral intensity on ethical decision making 
B)  The influence of ethical leadership on accounting and auditing 
C)  The role of ethical leadership and corporate governance in the accounting fraud 
D)  The role of professional skepticism and moral intensity in corporate governance and accounting fraud 
A)  The influence of moral intensity on ethical decision making 
B)  The influence of ethical leadership on accounting and auditing 
C)  The role of ethical leadership and corporate governance in the accounting fraud 
D)  The role of professional skepticism and moral intensity in corporate governance and accounting fraud

Question 10

Ponemon hypothesized that there is a correlation between:

Accepted Answer

A)  Moral intensity and subordinates' personal characteristics and decision-making styles 
B)  Organizational culture and subordinates' personal characteristics and decision-making styles 
C)  Culture of the organization and leadership style 
D)  Leadership style and followership 
A)  Moral intensity and subordinates' personal characteristics and decision-making styles 
B)  Organizational culture and subordinates' personal characteristics and decision-making styles 
C)  Culture of the organization and leadership style 
D)  Leadership style and followership

Question 11

The leadership style of management at Krispy Kreme can best be summed up as:

Accepted Answer

A)  Aggressively sought to manage earnings using round-trip transactions 
B)  Pressured auditors to overlook material misstatements in the financial statements 
C)  Encouraged employees to engage in deception and fraud through franchisees 
D)  All of the above 
A)  Aggressively sought to manage earnings using round-trip transactions 
B)  Pressured auditors to overlook material misstatements in the financial statements 
C)  Encouraged employees to engage in deception and fraud through franchisees 
D)  All of the above

Question 12

One of the key questions raised by the facts of the Friars For Life case is:

Accepted Answer

A)  Should the client be allowed to determine what appears in the financial statements? 
B)  Should audit firms develop tax shelter arrangements for wealthy clients? 
C)  Should audit firms discuss their audit opinions with clients? 
D)  Should the client be able to record revenues from future scheduled transactions? 
A)  Should the client be allowed to determine what appears in the financial statements? 
B)  Should audit firms develop tax shelter arrangements for wealthy clients? 
C)  Should audit firms discuss their audit opinions with clients? 
D)  Should the client be able to record revenues from future scheduled transactions?

Question 13

The statement about leadership attributed to Ciulla is:

Accepted Answer

A)  Visions are not simple goals, but rather ways of seeing the future that implicitly or explicitly entail some notion of the good 
B)  Principle-centered leaders build greater, more trusting and communicative relationships with others in the workplace 
C)  Leaders lead by example not based on what they say 
D)  Leaders always follow the law even if it deviates from ethical action 
A)  Visions are not simple goals, but rather ways of seeing the future that implicitly or explicitly entail some notion of the good 
B)  Principle-centered leaders build greater, more trusting and communicative relationships with others in the workplace 
C)  Leaders lead by example not based on what they say 
D)  Leaders always follow the law even if it deviates from ethical action

Question 14

The KPMG tax shelter case deals with:

Accepted Answer

A)  The culture of the tax practice and aggressive marketing of tax shelters to wealthy clients 
B)  The influence of independence and objectivity in selling tax shelter products to audit clients 
C)  The use of the a realistic possibility of success opinion letter on tax shelters for clients 
D)  The aggressiveness of tax clients in demanding the firm provide opinion letters on tax shelter products 
A)  The culture of the tax practice and aggressive marketing of tax shelters to wealthy clients 
B)  The influence of independence and objectivity in selling tax shelter products to audit clients 
C)  The use of the a realistic possibility of success opinion letter on tax shelters for clients 
D)  The aggressiveness of tax clients in demanding the firm provide opinion letters on tax shelter products

Question 15

In Bobek's study of the effect of gender on decision-making of public accounting professionals, it was found that:

Accepted Answer

A)  Males were more likely than females to concede to the client's demands in an audit condition 
B)  Males were less likely than females to concede to the client's demand in an audit condition 
C)  Males are more likely than females to use an intuitionist approach in decision making 
D)  Males were less likely to concede to the client's demands on a tax condition than an audit condition 
A)  Males were more likely than females to concede to the client's demands in an audit condition 
B)  Males were less likely than females to concede to the client's demand in an audit condition 
C)  Males are more likely than females to use an intuitionist approach in decision making 
D)  Males were less likely to concede to the client's demands on a tax condition than an audit condition

Question 16

The ethical dilemma in the Research Triangle Software Innovations case can best be summed up as:

Accepted Answer

A)  Should an auditor share information about a client with a nonaudit member of the firm? 
B)  Is it appropriate to select an audit client's ERP software for a different advisory services client? 
C)  Should the audit firm recommend its own ERP software package to an audit client? 
D)  Is it appropriate to engage in ERP management advisory services for an audit client? 
A)  Should an auditor share information about a client with a nonaudit member of the firm? 
B)  Is it appropriate to select an audit client's ERP software for a different advisory services client? 
C)  Should the audit firm recommend its own ERP software package to an audit client? 
D)  Is it appropriate to engage in ERP management advisory services for an audit client?

Question 17

Leaders who engage in unethical behaviors create a context supporting:

Accepted Answer

A)  Cognitive dissonance 
B)  Parallel deviance 
C)  Moral intensity 
D)  Leader perseverance 
A)  Cognitive dissonance 
B)  Parallel deviance 
C)  Moral intensity 
D)  Leader perseverance

Question 18

Discuss how moral intensity, organizational culture, and ethical leadership influence behavior in accounting.

Accepted Answer

We could equate moral intensity with mat

Question 19

Bobek et al. found a disconnect between tax partners and nonpartner tax practitioners with respect to:

Accepted Answer

A)  Perceptions of ethical leadership when they described a self-identified ethical dilemma 
B)  Perceptions of ethical leadership when there was a difference of opinion on a tax matter 
C)  Perceptions of organizational ethics when they described a self-identified ethical dilemma 
D)  Perceptions of organizational ethics when there was a difference of opinion on a tax matter 
A)  Perceptions of ethical leadership when they described a self-identified ethical dilemma 
B)  Perceptions of ethical leadership when there was a difference of opinion on a tax matter 
C)  Perceptions of organizational ethics when they described a self-identified ethical dilemma 
D)  Perceptions of organizational ethics when there was a difference of opinion on a tax matter

Question 20

The ethical failures in the leaders at Andersen was caused by:

Accepted Answer

A)  Caused by volitional and cognitive rationalizations 
B)  Caused by violations of social contracts with shareholders, investors, and the public 
C)  Caused by deficiencies in internal controls 
D)  Caused by considering the interests of parties outside their group of followers 
A)  Caused by volitional and cognitive rationalizations 
B)  Caused by violations of social contracts with shareholders, investors, and the public 
C)  Caused by deficiencies in internal controls 
D)  Caused by considering the interests of parties outside their group of followers

Accountants may hesitate to record a questionable entry if they know:

It can be said about followership that:

Ethical leadership failure can be caused by:

Values-based leadership can best be summed up as:

Social Learning Theory holds that:

Organizational dissidence in audit firms is created when:

Which of the following is NOT an attribute of internal audit leadership according to Chambers?

Trevino et al. believe ethical leaders possess each of the following two traits:

On an organizational level, the key issue in the Healthsouth case is:

Ponemon hypothesized that there is a correlation between:

The leadership style of management at Krispy Kreme can best be summed up as:

One of the key questions raised by the facts of the Friars For Life case is:

The statement about leadership attributed to Ciulla is:

The KPMG tax shelter case deals with:

In Bobek's study of the effect of gender on decision-making of public accounting professionals, it was found that:

The ethical dilemma in the Research Triangle Software Innovations case can best be summed up as:

Leaders who engage in unethical behaviors create a context supporting:

Discuss how moral intensity, organizational culture, and ethical leadership influence behavior in accounting.

Bobek et al. found a disconnect between tax partners and nonpartner tax practitioners with respect to:

The ethical failures in the leaders at Andersen was caused by:

Ethical Reasoning: Implications for Accounting

Cognitive Processes and Ethical Decision Making in Accounting

Organizational Ethics and Corporate Governance

Ethics and Professional Judgment in Accounting

Fraud in Financial Statements and Auditor Responsibilities

Legal, Regulatory, and Professional Obligations of Auditors

Earnings Management

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Exam 8: Ethical Leadership and Decision-Making in Accounting

Accountants may hesitate to record a questionable entry if they know:

It can be said about followership that:

Ethical leadership failure can be caused by:

Values-based leadership can best be summed up as:

Social Learning Theory holds that:

Organizational dissidence in audit firms is created when:

Which of the following is NOT an attribute of internal audit leadership according to Chambers?

Trevino et al. believe ethical leaders possess each of the following two traits:

On an organizational level, the key issue in the Healthsouth case is:

Ponemon hypothesized that there is a correlation between:

The leadership style of management at Krispy Kreme can best be summed up as:

One of the key questions raised by the facts of the Friars For Life case is:

The statement about leadership attributed to Ciulla is:

The KPMG tax shelter case deals with:

In Bobek's study of the effect of gender on decision-making of public accounting professionals, it was found that:

The ethical dilemma in the Research Triangle Software Innovations case can best be summed up as:

Leaders who engage in unethical behaviors create a context supporting:

Discuss how moral intensity, organizational culture, and ethical leadership influence behavior in accounting.

Bobek et al. found a disconnect between tax partners and nonpartner tax practitioners with respect to:

The ethical failures in the leaders at Andersen was caused by:

Ethical Reasoning: Implications for Accounting

Cognitive Processes and Ethical Decision Making in Accounting

Organizational Ethics and Corporate Governance

Ethics and Professional Judgment in Accounting

Fraud in Financial Statements and Auditor Responsibilities

Legal, Regulatory, and Professional Obligations of Auditors

Earnings Management

Filters