Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Financial Management Expert

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

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92783113

Have any Question?


Related Questions in Financial Management

Time value 21 gronkrobkowski has asked your help in

Time Value 2 1. GronkRobkowski has asked your help in deciding between two contract offers made by the Patriots.  The first is a four year contract with a $10 M signing bonus today, and salaries starting next year for $1 ...

Assignmentq1xyz company uses anbspperiodic inventory system

Assignment Q1. XYZ Company uses a periodic inventory system. The beginning balance of inventory and the purchases made by XYZ during the month of July are given below: Date Description Units Unit cost Total cost July 01 ...

When looking at the life of a project plan it is useful to

When looking at the life of a project plan, it is useful to graph and outline the cost variance (CV), and schedule variance (SV). Determining progress, or lack of progress, provides essential information to assess a give ...

Part 1 conduct internet research sources must be documented

Part 1. Conduct Internet research, (sources must be documented using MLA format), and write a brief analysis of the current status of the U.S. economy. Include current values and trends for at least three of the followin ...

Topics to choose frombullfailure of the Topics to choose from • Failure of the

Topics to choose from • Failure of the Originate-to-Distribute Model and the Financial Crisis of 2007-8 • Monoline Insurers and the Subprime Financial Crisis and Problems with Rating Agencies • The Liquidity Crisis and t ...

Discussionbull profits and risks of off-balance-sheet

Discussion • Profits and Risks of Off-Balance-Sheet Activities • The difference between spot and forward exchange rates. What role do currency swaps play? • The Federal Open Market Committee • Multiple Deposit Creation a ...

Assignment1 read the assigned case hbs case tesla motors

Assignment 1. Read the assigned case: HBS Case Tesla motors (in 2015): Tesla Motors, Inc. 2. Develop a one-page memo (500 words maximum, excluding the title, reference pages and appendices.) to answer these questions: 1. ...

Homework chapter 7 - interest rates amp bond valuations1

Homework Chapter 7 - Interest Rates & Bond Valuations 1) Julie just received her annual payment of $80 on a bond she owns. Which of the following refers to this payment? A) Call premium. B) Coupon. C) Yield. D) Discount. ...

Question 1 what is marketing research what are the two

Question 1: What is marketing research? What are the two primary types of research? Question 2: What factors influence marketing research? Question 3: The role of statistics in business decision-making? Assignment : Sele ...

Assignment introduction to businessdirections be sure to

ASSIGNMENT : Introduction to Business Directions: Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As