Group 2

Group 2

10th Grade

17 Qs

quiz-placeholder

Similar activities

Gilded Age

Gilded Age

11th Grade

16 Qs

The Sponging Industry in The Bahamas

The Sponging Industry in The Bahamas

7th - 12th Grade

20 Qs

GNED 09-Diagnostic Test No. 1

GNED 09-Diagnostic Test No. 1

University

20 Qs

Новогодняя

Новогодняя

9th - 10th Grade

16 Qs

RPH -Learning History

RPH -Learning History

University

20 Qs

India-Finland Trivia

India-Finland Trivia

University

15 Qs

Social Transformations

Social Transformations

10th Grade

20 Qs

ASEAN

ASEAN

University

16 Qs

Group 2

Group 2

Assessment

Quiz

History

10th Grade

Practice Problem

Medium

Created by

Hồng Hà Đặng

Used 3+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following statement is a definition of which fundamental ethical principle? “Basing decisions on real facts rather than being influenced by personal beliefs or feelings.”

Integrity

Objectivity

Confidentiality

Professional behaviour

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A professional accountant who complies with the law and does not bring the accounting profession into disrepute is upholding the fundamental ethical principle of…………?

Professional behaviour

Objectivity

Confidentiality

Competence and due care

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is FALSE?

A rule-based code requires a professional accountant to comply with a set of specific rules.

Professional ethics is a framework of ethical guidance allowing principles to be applied to different situations, and is therefore effective in a situation that is changing rapidly.

If guidance is principles-based then it does not contain rules prohibiting certain activities.

In the UK, people apply principles-based approach.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The accountant discovers a significant error on checking some work, and he was responsible for making the original error. What is the ethical threat?

Self-review

Intimidation

Self-interest

Advocacy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main disadvantage of the rules-based approach in ethical decision-making?

It allows for too much subjectivity

It is difficult to amend the rules

The list of rules may be incomplete

It encourages independent judgment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes an ethical threat?

A situation where an accountant receives a promotion

A temptation to act against ethical codes

A professional opportunity to grow

A requirement to follow accounting standards

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is independence important for accountants?

It ensures higher salary levels

It allows flexibility in financial reporting

It increases reliance and trust in their work

It reduces the need for regulation

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?