Jane Finds a Material Misstatement While Auditing a Client's Accounts

question 59

Multiple Choice

Jane finds a material misstatement while auditing a client's accounts receivables. Her senior tells her to ignore the misstatement so that the client does not get upset. Jane wants to be viewed as a team player in order to advance in the firm so Jane follows her senior's instructions and ignores the misstatement. Which ethical theory did Jane use to make her decision?

• A) Egoism
• B) Justice
• C) Virtue ethics
• D) Utilitarianism

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Definitions:

Distributed Across

Spread out or dispersed over a wide area or among many individuals or entities.

Hippocampus

A region of the brain that is associated with memory formation, navigation, and spatial orientation.

Declarative Long-Term Memories

Declarative long-term memories are memories that can be consciously recalled, such as facts and events.

Procedural Memory

A type of long-term memory for how to perform different actions and skills.