BUS100 RQ3
By law, the financial records of publicly held companies are required to be:
Audited by a certified professional accounting firm.
Integrity-based ethics programs:
Combines concern for the law with an emphasis on employee responsibility.
When attempting to build ethical safeguards into the company, businesses can take the following specific approaches:
Compliance and Integrity
Cross-cultural contradictions arise due to:
Differences between home and host countries' ethical standards.
Under the Sarbanes-Oxley Act, corporations are required to:
Have executives vouch for the accuracy of a firm's financial reports.
The main drawback to utilitarian reasoning is that:
It is difficult to accurately measure both costs and benefits.
Which of the following examples best illustrate an ethics issue based on cross-cultural contradictions?
Legally marketing a pesticide abroad that has been banned in the U.S.
Most ethics or compliance officers are generally entrusted to:
Reduce the risks to the company of employee misconduct.