Week 3 quiz

The unspoken understanding among employees of what is and is not acceptable behavior is called:

Ethical climate.

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

Identify and analyze the nature of the ethical problem.

Which company ethics safeguard is commonly implemented as an employee "helpline"?

Reporting mechanisms.

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

The U.S. Foreign Corrupt Practices Act.

Which of these components are not considered during a risk-assessment audit to gauge the effectiveness of a firm's ethics programs?

The financial bottom line.

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

All of these answers are correct.

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

All of these answers are correct.

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

Audited by a certified professional accounting firm.

Ethics policies typically cover all of the following issues except:

Encouraging discriminatory personnel practices.