Self-command helps us to restrain our

Assignment Help Financial Management

Reference no: EM131944457

1. Passions which can have an intense impact on us for a short time include:

Greed and love of fame

Fear and anger

Fear and greed

Anger and love of fame

2. The greater the pressure we feel in a situation

The harder it is to justify unethical decisions

The easier it is to act in accordance with virtue

The harder it is to act in accordance with virtue

The easier it is to recognize ethical issues

3. Passions which bring pressure on us gradually over time include:

Love of pleasure, greed and fear

Greed, love of pleasure, anger

Love of pleasure, love of fame, anger

Greed, love of pleasure, love of fame

4. According to Smith, if we control our anger due to fear

We are acting in accordance with justice

We are acting in a noble manner

We are being prudent

It takes away all of the nobleness of the restraint

5. Cynthia Cooper of WorldCom needed self-command in order to:

Understand her company’s journal entries

Supervise her internal audit staff

Write a book about her experiences

Face up to her management

6. We need the virtue of self-command in order to _____ in accordance with virtue

Sympathize

Act

Think

Feel

7. Auditors are often under pressure to keep their audit work within budget. This creates a *temptation to:

Fail to follow up on suspicious transactions

Cut corners by reducing audit work

Under-report hours worked

All of the above

8. The relationship between self-command and the other virtues is best described as follows:

Self-command has little to do with the other virtues

Self-command is less important than the other virtues

Self-command adds luster to the other virtues

Self-command is an optional virtue, the others are mandator

9. Self-command helps us to restrain our:

Emotions, conscience and reactions

Emotions, reactions and sympathy

Feelings, thoughts and ideas

Feelings, emotions and reactions

10. Accountants face pressures and temptations, such as

Temptations to maximize their personal compensation

Pressures from superiors in their organizations

Pressures from clients

All of the above

Reference no: EM131944457

Questions Cloud

Dollar as consolidated company functional currency : Discuss the case for or against the use of the U.S. dollar as a consolidated company’s functional currency.

Estimate the value per share : Assume that XYZ Company generated cash flows of $2.00 per share last year. Estimate the value per share of XYZ for each of the following sets of assumptions.

Portfolio equity stocks and portfolio equity flows : What is the impact on Portfolio Equity Stocks and Portfolio Equity Flows after Brexit?

Shareholder wealth maximization goal and actual goals : There is often a divergence between the shareholder wealth maximization goal and the actual goals pursued by management.

Self-command helps us to restrain our : Auditors are often under pressure to keep their audit work within budget. This creates a *temptation to. Self-command helps us to restrain our:

Case study for food chain : What are the financial statements should be in a case study for a food chain.

Two policies sold buy two different companies : Johnson White is considering the purchase of a disability income policy and is trying to decide between two policies sold buy two different companies.

Application of the lower cost or market to value inventory : What is the proper application of the lower cost or market to value inventory?

Business property exemplifies fully non taxable exchange : Which of the following situations involving an exchange of business property exemplifies a fully non taxable exchange?

User Account

All Pages