MAN 4701 - Business In Society Chapter(s): 5

In the United States, most ethics policies are primarily based on the company's mission and vision?

False

It is impossible for multiple "Ethical climate" to exist within one organization?

False

It is impossible for multiple ethical climates to exist within one organization?

False

Most ethics or compliance officers are generally entrusted to?

Reduce the risks to the company of employee misconduct.

Which of the following is not an example of a white-collar crime?

Theft.

A member of the Chartered Financial Analyst Institute (CFA) must?

All of the above.

The Interactive Digital Software Association case exemplifies?

All of the above.

The core components upon which a company's ethical performance depends include:

All the above

By law, the financial records of publicly held companies are required to be ?

Audited by a certified professional accounting firm.

By law, the financial records of publicly held companies are required to be?

Audited by a certified professional accounting firm.

All of the following are commitments of the Principle of the Code of Professional Conduct of the American Institute of Certified Public Accountants EXCEPT?

Due process

Ethisphere Magazine recognizes and rewards ethical leadership and business practices worldwide according to their?

Ethical Quotient (EQ).

The unspoken understanding among employees of what is and is NOT acceptable behavior is called?

Ethical climate

Illegal acts committed by employees, such as fraud and insider trading, is called blue-collar crime?

False

In most companies, a moral atmosphere cannot be detected?

False

In the United States, most ethics policies are primarily based on the company's mission and vision.

False

The American Institute of Certified Public Accountants Code directs accountants to be responsible to their clients and their profession, but NOT to the public?

False

The majority of large U.S. Corporations do NOT have a code of ethics?

False

Recipients of the corporate ethics awards show that?

Firms can be financially successful and ethically focused.

A company that channels employees behavior in a lawful direction by emphasizing the threat of detection and punishment is?

Operating under the compliance-based approach

When a bank employee makes trades using the firm's money without its authorization, the practice is called?

Rogue trading.

Which of the following is NOT a typical use of an ethics reporting mechanism?

To give employees an opportunity to discuss the appropriate rating on their annual performance reviews without management's influence.

Ethics deal with human dilemmas that frequently go beyond the formal language of law?

True

Honesty, integrity and accuracy are absolute requirements of the accounting function.

True

Managers, as major decision-makers, are one of the key to whether a company will act ethically or unethically?

True

Typically, ethics training is offered to:

employees/rank and file

Which ethical criterion is described by the idea that a company should strive for efficiency?

Egoism

One of the most widespread and potentially powerful efforts to combat bribery was initiated by

The Organization for Economic Corporation and development.

Which of the following is NOT an example of a white-collar crime?

Theft

Which of the following is not a typical use of an ethics reporting mechanism?

To give employees an opportunity to discuss the appropriate rating on their annual performance reviews without management's influence.

Business managers need a set of ethical guidelines to help them?

Identify and analyze the nature of the ethical problem.

In the United States and Latin America, ethics policies were found to be primarily?

Instrumental - providing rules and procedures for employees to follow to adhere policy and law.

The critical component in installing an effective ethics program is?

The integration of various ethics safeguards into a comprehensive program.

Any business that wished to do so can improve the quality of its ethical performance?

True

Following laws can always define proper actions?

False

A giant step is taken toward improving ethical performance throughout the company when?

Senior-level managers signal to employees that they believe ethics is a high priority.

According to a recent Transparency International survey, Denmark and Sweden are two countries that are LEAST likely to be subjected to BRIBERY?

True

According to a recent Transparency International survey, Denmark and Sweden are two countries that are least likely to be subjected to bribery.

True