Question Details

Which of the following is an ethical concern of accountants 



1.	What is the "expectations gap"?
a.	The difference between what the public thinks the accountant should not do and what the accountant knows they should do.
b.	The difference between what the public thinks the accountant is doing and what Congress says the accountant is doing.
c.	The difference between what the public thinks the accountant should do and what the accountant thinks they can do.
d.	The difference between what the accountant is doing and what the Courts say the accountant should be doing.

	2.	What is not a reason that accounting standards may differ across countries?
a.	Governments.
b.	Language.
c.	Culture.
d.	Past practice.

	3.	What would be an advantage of having all countries adopt and follow the same accounting standards?
a.	Agreement.
b.	Comparability.
c.	Lower preparation costs.
d.	Comparability and lower preparation costs.

	4.	Which of the following is an ethical concern of accountants ?
a.	Earnings manipulation.
b.	Conservative accounting.
c.	Industry practices.
d.	None of these answers are correct



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