#3. LO 1.2

Think about a recent purchase you made. Describe what financial and nonfinancial factors went into that purchase. Rank the factors, and explain how you made the final decision to purchase the item.

#10. LO 1.3

Uber and Lyft are two popular ride-sharing services. Imagine that you are visiting New York City for a family vacation. You are trying to decide whether to use one of these ride-sharing services to get around the city or rent a car and drive yourself. Considering the perspectives of the passengers (your family), the drivers, and the company (Uber or Lyft), explain the following:

why ride-sharing services have gained in popularity
the financial considerations relevant to your decision
the nonfinancial considerations relevant to your decision

#17. LO 1.5

Many professional certifications now have requirements for ethics training.

Define ethics.
Why does the accounting profession put so much emphasis on acting ethically?