ACNT Ethics Chapter 3
Which of the following conclusions were drawn from the results of the ACFE occupational fraud survey?
- A tip is the most likely way for occupational fraud to be detected. - The amount of fraud losses correlate with higher levels of authority. - Anti-fraud controls correlate to significant decreases in occupational fraud.
Which of the following factors appear in every case of financial statement fraud? (Select all that apply.) Multiple select question. Aversion to internal control Perceived opportunity Rationalization Desperation Situational pressure
- Perceived opportunity - Rationalization - Situational pressure
Which of the following procedures is required under SOX Section 302 to protect the public against fraudulent financial reporting?
Certification of financial statements by the CEO and CFO
Which of the following are important components of tone at the top? (Select all that apply.) Multiple select question. Rarely modeling company values Communicating the importance of compliance to employees Enforcing disciplinary actions
Communicating the importance of compliance to employees Enforcing disciplinary actions Reminding employees of a non-retaliation policy Modeling company values
Which of the following is the least common method of detecting occupational fraud? External audit A tip Internal audit Management review Confession
Confession
Which of the following are the steps necessary to prevent subordination of judgment? (Select all that apply.) Multiple select question. The accountant should obey the authority and wishes of the chief financial officer. Consider whether safeguards exist to ensure that threats to compliance are reduced to an acceptable level. Determine whether internal reporting requirements exist to report differences of opinion.
Consider whether safeguards exist to ensure that threats to compliance are reduced to an acceptable level. Determine whether internal reporting requirements exist to report differences of opinion.
Which of the following is not a goal of internal controls? Multiple choice question. Help prevent and detect fraud Reason: Internal controls should be designed to reduce or eliminate the risk of fraud. Ensure that management policies are followed Ensure that ethical systems are built into corporate governance Ensure that fraud does not occur
Ensure that fraud does not occur
Which of the following is not a type of fraud? Multiple choice question. Misappropriation of assets Errors in financial statements Fraudulent financial statements Disclosure fraud
Errors in financial statements
True or false: External auditors cannot qualify for a whistleblower award when reporting wrongdoing about their firm unless the information leads to a successful enforcement action against the client.
False The whistleblowing act is based on the failure of their firm to perform adequate services for a client.
In the case of the Ford Pinto, Blank______. (Select all that apply.) Multiple select question. Ford relied completely on utilitarian thinking Ford employed a stakeholder orientation and adequately considered the interests of the stakeholders Ford complied with all the laws and safety issues Ford relied on the universality perspective of rights theory
Ford relied completely on utilitarian thinking Ford complied with all the laws and safety issues
A variety of factors discourage the reporting of fraud. Which of the following is not a factor that discourages the reporting of fraud? A lack of sound policies and procedures Good tone at the top Excessive team loyalty Dominating and intimidating personalities
Good tone at the top
Which of the following are requirements expected of a code of ethics for senior financial officers? (Select all that apply.) Honest and ethical conduct Inaccurate disclosures Untimely reporting Full and fair disclosure
Honest and ethical conduct Full and fair disclosure
At what point is the auditor required to report suspected fraud directly to the SEC?
If the auditor does not receive communication from the client to the SEC within one business day of the audit report to the board of directors
From an ethical perspective, what is the most controversial provision of the Dodd-Frank Act? Multiple choice question.
It incentivizes whistleblowing.
Sarbanes Oxley regulation in the United States includes which of the following? (Check all that apply.) Multiple select question. Management must certify the internal controls over financial reporting. Protection for executives in fraud cases Protection for whistleblowers Auditors must attest to and report on management's certification on internal controls. Internal auditors must review corporate governance guidelines to ensure they have been followed.
Management must certify the internal controls over financial reporting. Protection for whistleblowers Auditors must attest to and report on management's certification on internal controls.
Which author suggests that the social responsibility of business is to increase profits? Multiple choice question. Milton Friedman Mary Gentile Lawrence Kolhberg
Milton Friedman
The COSO report identifies which of the following components of the internal control framework? (Check all that apply.)
Monitoring Control activities The control environment Risk assessment Information and Communication
According to the 2021 Global Business Ethics Survey, what percentage of employees who reported misconduct said they were likely to report misconduct they see in the workplace?
Over 75% (86%)
The Triple Bottom Line focuses on (select all that apply): Multiple select question. Planet Responsibility Profit People
Planet Profit People
Please select all the factors that may discourage the reporting of fraud according to a report by the Anti-Fraud Collaboration: Multiple select question. Poor tone at the top Mistrust Management wants to hear about problems Perception that wrongdoing will be addressed if misconduct is reported
Poor tone at the top Mistrust
Which section of Sarbanes-Oxley requires the inclusion of a statement that management accepts responsibility for maintaining adequate internal control over financial reporting?
Section 404
Which section of Sarbanes-Oxley requires a code of ethics for senior financial officers?
Section 406
Which section of Sarbanes-Oxley prohibits retaliation for any lawful act done by the employee?
Section 806
The framework of conscious capitalism includes which of the following guiding principles (select all that apply): Multiple select question. Stakeholder orientation Higher purpose Risk Analysis Conscious leadership
Stakeholder orientation Higher purpose Conscious leadership Conscious culture
Which of the following are criteria DeGeorge identifies for when whistleblowing is morally acceptable? Multiple select question. The firm's actions will do considerable harm to others. Documented evidence is unnecessary if whistleblower has another employee to corroborate story. The employee must believe that going public is worth the risk to oneself. Documented evidence must exist that certifies the individual's view is correct. The employee has reported to his/her supervisor and action was taken to remedy fraudulent activity.
The firm's actions will do considerable harm to others. The employee must believe that going public is worth the risk to oneself. Documented evidence must exist that certifies the individual's view is correct.
True or false: A corporate governance system includes mechanisms to ensure that management operates the organization in the interests of shareholders. True FalseReason: Shareholders own an equity stake and need their interests to be protected.
True
True or false: Internal control systems cannot guarantee all fraud will be detected. True false question.TrueFalse
True
True or false: Internal control systems cannot guarantee all fraud will be detected. True false question.TrueFalseReason: Management might takes steps to override the controls.
True
Examples of financial statement fraud include which of the following? (Check all that apply.) Asset misappropriation Underreported expenses Artificially inflated assets Fictitious revenue Recording accrued expenses
Underreported expenses Artificially inflated assets Fictitious revenue
Which of the following increased from 2011 to 2013 in the Views of Employees on Ethics in the Workplace Survey? (Select all that apply.) Multiple select question. Pressure to compromise ethical standards Whistleblowing retaliation Use of ethical conduct as a performance evaluation measure Observed misconduct Ethics training programs
Use of ethical conduct as a performance evaluation measure Ethics training programs
Fear of reprisals refers to Blank______. Multiple choice question. a culture where employees hesitate to disclose issues of ethical concern a company where whistleblowing is supported a culture where desired financial results determine ethical action a company where communication with the board of directors is prohibited
a culture where employees hesitate to disclose issues of ethical concern
Which of the following is the most common method of detecting occupational fraud? Multiple choice question. A tip External audit Management review Internal audit Accident
a tip
The underlying motivation for fraud is to ______. Multiple choice question. cover up an error in the financial statements satisfy stakeholder interests maximize profits achieve a gain over another party that would not otherwise exist
achieve a gain over another party that would not otherwise exist
The board of directors are responsible for Blank______. (Check all that apply.) Multiple select question. acting in the best interests of the corporation acting in their own self interest acting in good faith of the organization directing the business and affairs of the corporation
acting in the best interests of the corporation acting in good faith of the organization directing the business and affairs of the corporation
Financial statement fraud schemes occur because Blank______. Multiple choice question. an employee retaliates against bad treatment by top management an employee causes a misstatement of material information in the financial reports an employee steals money from the organization Reason: Employee theft is a form of asset misappropriation not financial statement fraud.
an employee causes a misstatement of material information in the financial reports
The size of executive pay packages are of concern because Blank______. (Check all that apply.)
pay packages are excessive in relation to average worker salaries CEOs in the United States are paid many times more than their counterparts in other countries
The survey on occupational fraud and abuse found Blank______. (Check all that apply.) Multiple select question. 85% of the reported cases of fraud were due to financial statement fraud that frauds reported lasted a median of 16 months before being detected misappropriation of assets caused the greatest median loss at $1 million financial statement fraud schemes made up 9% of the frauds 89% of the reported cases of fraud were due to misappropriation of assets
- that frauds reported lasted a median of 16 months before being detected - financial statement fraud schemes made up 9% of the frauds - 89% of the reported cases of fraud were due to misappropriation of assets
Identify the elements of corporate culture. (Check all that apply.) Multiple select question. Audit committee CEO and CFO Internal auditors External auditors
Audit committee CEO and CFO Internal auditors
How many independent members of the audit committee is the minimum required to satisfy requirements to list a stock on the Nasdaq or New York Stock Exchange?
3
According to the ACFE Global Survey, the typical organization loses Blank______. Multiple choice question. $1 million of its revenue to fraud each year (No, Reason: $140,000 is the median operating loss caused by occupational fraud.) 5% of its revenue to fraud each year 10% of its revenue to fraud each year $1 million of its assets each year
5% of its revenue to fraud each year
Which of the following individuals would be considered independent directors? Multiple select question. A person with an indirect material relationship to the company A person with no indirect relationship to the company Partner of the company A person with no direct relationship to the company Shareholder of the company
A person with no indirect relationship to the company A person with no direct relationship to the company
Conflicts of interest between managers and principals are known as the ____ problem.
Agency
Which of the following actions would be protected under the National Labor Relations Act? (Select all that apply.) Multiple select question. An employee who complains on behalf of coworkers about safety issues Concerted efforts to improve conditions at work conducted on social media Posting proprietary company information on social media An employee who complains that her personal performance evaluation is unfair
An employee who complains on behalf of coworkers about safety issues Concerted efforts to improve conditions at work conducted on social media
Which of the following encourage ethical behavior in the workplace? (Select all that apply.) Multiple select question. A corporate culture that is inconsistent with individual values and beliefs High organizational ethics, high individual ethics Reason: The ethical person-organization fit does not encourage organizational ethics but describes whether it is likely to occur. Support for ethical behavior from top management An ethical climate in the organization
Support for ethical behavior from top management An ethical climate in the organization
Which act protects the rights of employees to act together in a concerted manner to address conditions at work, with or without a union? Multiple choice question. The Sarbanes-Oxley Act The Dodd-Frank Act The National Labor Relations Act
The National Labor Relations Act
The Dodd-Frank whistleblower provisions contain Blank______. (Check all that apply.) Multiple select question. an exclusion from whistleblowing awards for internal accountants as it is their legal duty to report violations anti-retaliatory protections for whistleblowers financial incentives for blowing the whistle a requirement that the SEC be informed before reporting wrongdoing to compliance officers
an exclusion from whistleblowing awards for internal accountants as it is their legal duty to report violations anti-retaliatory protections for whistleblowers financial incentives for blowing the whistle
The Dodd-Frank whistleblower provisions contain Blank______. (Check all that apply.) Multiple select question. anti-retaliatory protections for whistleblowers a requirement that the SEC be informed before reporting wrongdoing to compliance officers financial incentives for blowing the whistle an exclusion from whistleblowing awards for internal accountants as it is their legal duty to report violations
anti-retaliatory protections for whistleblowers financial incentives for blowing the whistle an exclusion from whistleblowing awards for internal accountants as it is their legal duty to report violations
According to the Treadway Commission Report, internal auditor concerns about the financial statements should be reported directly to the Blank______. Multiple choice question. audit committee CEO CFO Reason: The CEO and CFO are likely to know about the problem so unrestricted access to the audit committee creates an effective control. board of directors
audit committee
Sarbanes-Oxley requires the audit committee Blank______. Multiple choice question. be somewhat dependent on management be completely independent of management include at least one member of upper management
be completely independent of management
Directing the business and affairs of the corporation is the ultimate responsibility of the Blank______. Multiple choice question. board of directors CFO CEO external auditors
board of directors
Under Sarbanes-Oxley, the audit committee is expected to be Blank______. (Check all that apply.) Multiple select question. conscientious and diligent in carrying out its responsibilities more than 50% independent of management disengaged from the financial reporting system conscientious and diligent in its oversight role of the financial statements completely independent of management
conscientious and diligent in carrying out its responsibilities conscientious and diligent in its oversight role of the financial statements completely independent of management
The way in which corporations act to meet the interests of shareholders can be defined as_______ governance.
corporate
A __________ __________ system includes mechanisms to ensure that the agent (management) runs the firm for the benefit of one or more principals (shareholders, creditors, and other stakeholders). (Enter one word per blank.)
corporate governance
Ethical expectations that society has for business can be referred to as Blank______.
corporate social responsibility
Whistleblowing in accounting is a duty when it is motivated by Blank______. Multiple choice question. pressure from lower level coworkers a fear of future consequences desire to harm the organization determination to protect the public interest
determination to protect the public interest
Organizations can create an ethical workplace culture by Blank______. (Check all that apply.) Multiple select question. developing an ethics training program putting stakeholder interest above public interest rewarding ethical behavior and including it in employee performance evaluations taking action against employees who violate ethics policies focusing on meeting earnings projections each quarter
developing an ethics training program rewarding ethical behavior and including it in employee performance evaluations taking action against employees who violate ethics policies
According to the National Business Ethics Survey, the two most common observations of employees about ethics in their organizations are Blank______.
observed misconduct reported observed misconduct
Internal compliance officers and internal auditors can qualify for whistleblower awards if Blank______. (Check all that apply.) Multiple select question. disclosure to the SEC is needed to prevent substantial injury to the entity or its investors disclosure to the SEC is needed to circumvent the entity's compliance process the whistleblower reasonably believes the entity is impeding investigation of the misconduct the whistleblower immediately reports the violation to the SEC Reason: The whistleblower should first report the violation to management and provide an opportunity to correct the wrongdoing. the whistleblower has first reported the violation internally and at least 120 days have passed
disclosure to the SEC is needed to prevent substantial injury to the entity or its investors the whistleblower reasonably believes the entity is impeding investigation of the misconduct the whistleblower has first reported the violation internally and at least 120 days have passed
Corporate social responsibility involves Blank______. (Check all that apply.) Multiple select question. placing profit above all else ethical expectations that society has for business responsibility to prevent harm
ethical expectations that society has for business responsibility to prevent harm
In the case of the Ford Pinto, the company applied which principle? Multiple choice question. Deontology Ethical legalism Ethical relativism
ethical legalism
One of the biggest issues that corporate boards of directors face is __________ ___________, and it has been found that most boards spend more time on this than ensuring the integrity of financial reporting.
executive compensation
In Miceli and Near's research, the primary reason given by whistleblowers for not coming forward is Blank______. Multiple choice question. the belief that no corrective action would be taken the assumption that no one else will do it the fear that they wouldn't remain anonymous the support of coworkers fear of retaliation
fear of retaliation
The purposeful manipulation of financial statements is called financial statement ________
fraud
All of the following are reasons DeGeorge suggests whistleblowing is a moral act except: Multiple choice question. the firm's actions will do serious and considerable harm to others documented evidence must exist that would convince a reasonable and impartial observer that one's views of the situation is correct going public will not create the necessary change to protect the public
going public will not create the necessary change to protect the public
Internal controls are designed to Blank______. (Check all that apply.) Multiple select question. help prevent an insufficient number of disclosures in the financial statements help prevent and detect material errors in the financial statements Reason: Errors occur due to unintentional acts and might occur even with strong internal controls. help prevent and detect materially false and misleading financial reports help to prevent asset misappropriations provide reasonable assurance to the board of directors regarding achievement of an entity's objectives
help prevent an insufficient number of disclosures in the financial statements help prevent and detect materially false and misleading financial reports help to prevent asset misappropriations provide reasonable assurance to the board of directors regarding achievement of an entity's objectives
Near and Miceli link whistleblowing to acts that are Blank______. (Check all that apply.) Multiple select question. taken by external auditors Reason: They examined the internal reporting process. illegal immoral illegitimate outside the control of employers
illegal immoral illegitimate
The whistleblower provisions of the Dodd-Frank Act include Blank______. Multiple choice question. an award of 10 to 30 percent of the amount recovered in all lawsuits against the company Reason: The 10%-30% award is given for amounts received in excess of $1 million. incentives for whistleblowers when the information they provide aids in the recovery of over $1 million external audit requirements before whistleblowing incentives for whistleblowers who circumvent internal measures to blow the whistle directly to the SEC
incentives for whistleblowers when the information they provide aids in the recovery of over $1 million
The ethics of whistleblowing have been questioned because Dodd-Frank ______ the practice.
incentivizes Blank 1: incentivizes, incentivises, rewards, or encourages
Having the procedures and structures in place to minimize or avoid conflicts of interest is another way of describing Blank______. Multiple choice question. independence accountability fairness transparency
independence
Nonexecutive directors are Multiple choice question. outside directors that hold executive level positions independent directors that do not hold a managerial position engages in the day-to-day management of the organization
independent directors that do not hold a managerial position
Mechanisms that help manage and monitor corporate governance activities to create sustainable shareholder value are known as ________-corporate governance mechanisms.
internal
Corporate governance can be shaped by Blank______. (Check all that apply) Multiple select question. combined meetings between the audit committee and external auditors Reason: separate meetings between the audit committee and external auditors strengthen control mechanisms internal mechanisms such as the audit committee separation of the duties of the CEO and board chair external mechanisms to monitor company affairs
internal mechanisms such as the audit committee separation of the duties of the CEO and board chair external mechanisms to monitor company affairs
An outside or nonexecutive director is a member of a company's board of directors Multiple select question. is part of the executive team is involved in policy making and planning exercises holds the interests of the company in higher regard than executive directors
is involved in policy making and planning exercises holds the interests of the company in higher regard than executive directors
The disclosure of wrongdoing by a client will not violate the CPA's confidentiality obligation when Blank______. (Check all that apply.) it is necessary to comply with SEC regulations the management of the CPA firm has first been informed Reason: Regardless of whether firm management has been informed, the CPA should not disclose confidential information unless permitted by law. it is necessary to comply with the provisions of Dodd-Frank the CPA does so to gain a whistleblower's award
it is necessary to comply with SEC regulations it is necessary to comply with the provisions of Dodd-Frank
Internal compliance officers and internal auditors generally cannot receive whistleblower awards under Dodd-Frank because Blank______. Multiple choice question. they fail to wait 120 days after reporting the matter to management before reporting to the SEC Reason: These individuals do not have to wait the 120 days if they act to prevent harm to the entity or its investors or if management impedes the investigation. they are never eligible to receive an award it is part of their job responsibilities to report suspicion of illegal acts to management they must first report the matter to the external auditors before qualifying for an award
it is part of their job responsibilities to report suspicion of illegal acts to management
Blowing the whistle is an acceptable practice from an ethical perspective when Blank______. Multiple choice question. it is required by law it is the morally correct action to take a monetary incentive exists to do so it doesn't violate a confidentiality obligation
it is the morally correct action to take
When a company retaliates against an employee for bringing bad news to the attention of top management, a ______ the _______ syndrome exists.
kill the messenger Blank 1: kill Blank 2: messenger
The common causes of ethical collapse include Blank______. (Check all that apply.) Multiple select question. loyalty to the boss conflicts of interest are ignored loyalty to the public interest overly rapid pace of innovation and change failing to have an ethics code Reason: An ethics code is an important internal control but the lack thereof does not necessarily cause an ethical collapse.
loyalty to the boss conflicts of interest are ignored overly rapid pace of innovation and change
Employees given the trappings of success who are then reluctant to speak up out of fear of losing their lavish lifestyles most likely do so because of Blank______. (Check all that apply.)
loyalty to the boss fear of reprisals
Unethical behavior and financial collapse sometimes go hand and hand because of Blank______. (Check all that apply.) Multiple select question. rogue employee behavior Reason: Although rogue employee behavior could cause a financial scandal, it does not necessarily lead to financial collapse. loyalty to the boss intense pressure to maintain the numbers overly pessimistic financial projections an unrealistic emphasis on meeting financial projections
loyalty to the boss intense pressure to maintain the numbers an unrealistic emphasis on meeting financial projections
Internal mechanisms of corporate governance include Blank______. (Select all that apply.) Multiple select question. financial markets management the Board of Directors the audit committee shareholder proposals
management the Board of Directors the audit committee
Executive pay packages create concern when Blank______. (Check all that apply.) Multiple select question. CEOs work harder for the interest of various stakeholders incentives are consistent with company goals management manipulates earnings to drive up company stock price significant disparity in executive pay raises issues of equity
management manipulates earnings to drive up company stock price significant disparity in executive pay raises issues of equity
The agency problem arises because Blank______. (Check all that apply.) Multiple select question. shareholders run the business in a way that conflicts with manager needs Reason: Mangers run the business in the interest of shareholders. managers may make decisions in an egoist way the agents are not clearly identified to management managers may run the business to maximize executive compensation managers may have motivations beyond increasing shareholder wealth there is a separation of ownership and control
managers may make decisions in an egoist way managers may run the business to maximize executive compensation managers may have motivations beyond increasing shareholder wealth there is a separation of ownership and control
Jennings points to seven common signs of _________ _________ in a company. (Enter one word per blank)
moral meltdown Blank 1: ethical or moral Blank 2: collapse, meltdowns, meltdown, or collapses
According to the 2021 Global Business Ethics Survey, what percentage of employees who reported misconduct said they suffered some form of retaliation?
more than 75%
A conflict of interests can occur when Blank______. Multiple select question. personal interests do not match the interests of those that trust you individuals make judgment calls on behalf of others personal judgments are in agreement with those that trust you Reason: A conflict of interest may occur when a person holds a position of trust that requires judgment on behalf of others and personal interests conflict with those of others.
personal interests do not match the interests of those that trust you individuals make judgment calls on behalf of others
Enron and WorldCom both failed as going concerns a result of Blank______. (Check all that apply.) Multiple select question. failing to hire competent management pressure to maintain the numbers an excessive emphasis on financial results at all costs a tension between ethics and the bottom line failing to meet earnings estimates Reason: The earnings estimates were excessive and that caused the failure to meet earnings estimates.
pressure to maintain the numbers an excessive emphasis on financial results at all costs a tension between ethics and the bottom line
In the economic model of CSR, business exists to Blank______. Multiple select question. produce goods and services for society create jobs decrease value for shareholders
produce goods and services for society create jobs
All of the following are prohibited actions under Sarbanes-Oxley when an employee reports lawful concerns, except Blank______. Multiple choice question. demotion promotion discrimination harassment
promotion
The purpose of the control environment is to Blank______. (Check all that apply.) Multiple select question. prevent and detect fraud Reason: An effective control environment should make it less likely fraud will occur. provide discipline and structure for internal controls identify how risk might affect the control environment influence the control consciousness of employees set the ethical tone of the organization
provide discipline and structure for internal controls influence the control consciousness of employees set the ethical tone of the organization
Dennis Kozlowski, the CEO of Tyco, selected employees based on Blank______.
reluctance to challenge authority possible conflicts of interest lack of experience
A conflict of interest may occur when a person holds a position of trust that ______
requires judgment on behalf of others
External mechanisms of corporate governance include Blank______. (Select all that apply.) Multiple select question. the Board of Directors shareholder proposals state and federal statutes management the audit committee
shareholder proposals state and federal statutes
An accountant who goes along with fraud due to the strain of meeting earnings projections is subject to Blank______. Multiple choice question. aversion to internal control desperation perceived opportunity situational pressure rationalization
situational pressure
Executive compensation packages can be used to alleviate the agency problem because Blank______. (Check all that apply.) Multiple select question. stock option plans can be used to motivate executive performance in the best interests of the company boards of directors do not have to monitor managerial performance compensation packages can be used to link executive pay to company performance compensation packages can be used to link executive pay to performance of the company's shares stock option plans may be tied to executive wealth Reason: To alleviate the agency problem, stock option plans should be tied to how managers meet the needs of the shareholders.
stock option plans can be used to motivate executive performance in the best interests of the company compensation packages can be used to link executive pay to company performance compensation packages can be used to link executive pay to performance of the company's shares
Section 302 of Sarbanes-Oxley Act requires Multiple choice question. that principal executive and financial officers certify that they have reviewed the findings of annual or quarterly reports and find the statements within to be accurate and free of any materials errors publicly traded corporations to "establish procedures" for accepting employee complaints concerning "questionable accounting or auditing matters." public companies to include in their annual reports a report of management on the company's internal control over financial reporting
that principal executive and financial officers certify that they have reviewed the findings of annual or quarterly reports and find the statements within to be accurate and free of any materials errors
the way in which systems provide information to help employees carry out their responsibilities the ethical tone of an organization the strategic actions established by management to ensure that its directives are carried out the processes that assess the efficiency and effectiveness of internal controls Reason: Monitoring of internal controls is the component that helps to ensure processes are designed to assess whether directives of management are carried out.
the strategic actions established by management to ensure that its directives are carried out
Timely and accurate disclosure on all material matters, including the financial situation and corporate governance, are required by Blank______. Multiple choice question. transparency independence fairness accountability
transparency
True or false: Whistleblowing through the disclosure of wrongdoing to parties can be characterized as either internal or external whistleblowing. True false question.TrueFalseReason: This statement is true.
true
An ethical workplace culture is influenced by Blank______. (Check all that apply.) Multiple select question. whistleblowing policies having an ethical code of conduct earnings projections government regulation strong internal controls
whistleblowing policies having an ethical code of conduct strong internal controls
