Accounting Ethics

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Questions and Answers

Who introduced accounting?

  • Warren Buffett
  • Luca Pacioli (correct)
  • Elon Musk
  • Michael Jordan

Where are ethics taught in relation to accounting?

  • Government agencies
  • Fast food restaurants
  • Higher education institutions (correct)
  • Professional sports teams

What has drawn attention to ethical standards in the accounting profession?

  • Technological advancements
  • Recent corporate collapses (correct)
  • Environmental concerns
  • Global population growth

What has resulted in a widespread disregard for the reputation of the accounting profession?

<p>Corporate collapses (D)</p> Signup and view all the answers

What has been developed to combat criticism and prevent fraudulent accounting?

<p>Regulations and remedies (B)</p> Signup and view all the answers

What is accounting ethics?

<p>Accounting ethics is primarily a field of applied ethics and is part of business ethics and human ethics, the study of moral values and judgments as they apply to accountancy.</p> Signup and view all the answers

Who introduced accounting?

<p>Luca Pacioli introduced accounting.</p> Signup and view all the answers

Where are ethics taught in relation to accounting?

<p>Ethics are taught in accounting courses at higher education institutions as well as by companies training accountants and auditors.</p> Signup and view all the answers

What has resulted in a widespread disregard for the reputation of the accounting profession?

<p>Recent corporate collapses have resulted in a widespread disregard for the reputation of the accounting profession.</p> Signup and view all the answers

What has been developed to combat criticism and prevent fraudulent accounting?

<p>Various accounting organizations and governments have developed regulations and remedies for improved ethics among the accounting profession.</p> Signup and view all the answers

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