MGS 3520-chapter 6

A company that has ranked amongst the most ethical firms from 2007 to 2017, according to Forbes magazine, is: (chap 6)

AFLAC

By law, the financial records of publicly held companies are required to be: (chap 6)

Audited by a certified professional accounting firm

Which of these statements is true about the U.K. Bribery Act? (chap 6)

Contains a strict liability offense for failure to prevent bribery by commercial organizations.

Which of the following is not an example of an ethical criterion? (chap 6)

Corporate driven

Managers, as major decision-makers, are one of the keys to whether a company will act ethically or unethically. (chap 6)

True

All of the following are commitments of the Principles of the Code of Professional Conduct of the American Institute of Certified Public Accountants except: (chap 6)

Due Process

In most companies, a moral atmosphere cannot be detected. (chap 6)

False

It is impossible for multiple ethical climates to exist within one organization. (chap 6)

False

The majority of large U.S. corporations do not have codes of ethics. (chap 6)

False

Business managers need a set of ethical guidelines to help them: (chap 6)

Identify and analyze the nature of the ethical problem.

All of the following are considered to be ethical issues for marketing professionals except: (chap 6)

Ignoring Market fail dealing

Building ethical safeguards into a company's everyday routines is called: (chap 6)

Institutionalizing ethics

Which U.S. Act prohibits executives representing U.S.-based companies from paying bribes to foreign government officials, political parties, or political candidates? (chap 6)

The U.S. Foreign Corrupt Practices Act

The critical component in installing an effective ethics program is: (chap 6)

The integration of various ethics safeguards into a comprehensive program

According to a recent Transparency International survey, Denmark and New Zealand are two countries that are least likely to be subjected to bribery. (chap 6)

True

The Principles and Standards of Ethical Supply Chain Management Conduct focuses on integrity, value, and loyalty. (chap 6)

True

The American Institute of Certified Public Accountants Code directs accountants to be steadfast in honorable behavior, but not to the point of personal sacrifice. (chap 6)

false