A BC D E
1 Ethics refer to
The set of shared attitudes, values, goals, and
practices that characterizes an institution,
organization, or group
the embodiment of what an organization
stands for, and should be the basis for the
behavior of its members
society’s perception of what is right or wrong All of the above None of the Above
2
This refers to the degree to which individuals have to be provided with some
compensation to influence the individual.
Fraud Asset misappropriation Bribery All of the above None of the above
3 This represents a strategic approach to managing ethics in an organization Strategic Business Ethics Insight Corporate social responsibility Social responsibility Code of conducts All of the above
4
Activities such as skimming (cash is stolen from the company before the cash is
recorded), billing (submission of fictitious invoices to the company) are examples of
Occupational Fraud Misappropriation of assets Burglary All of the above None of the Above
5 According to Boatright’s (2002) stockholder theory
Shareholders do not have the right, but can
control and earn residual earnings (or profits).
There are revenues associated with any
owners whether they are employees,
customers or shareholders.
One of the most pertinent costs related to the
role of shareholders is the cost of decision
making.
Companies need to go beyond satisfying the
needs of shareholders only
All of the above
6
Edward Freeman (2010) presents the stakeholder theory of the modern corporation
basically arguing that
Shareholders do not have the right, but can
control and earn residual earnings (or profits).
There are revenues associated with any
owners whether they are employees,
customers or shareholders.
One of the most pertinent costs related to the
role of shareholders is the cost of decision
making.
Companies need to go beyond satisfying the
needs of shareholders only
None of the Above
7
Job conditions that are considered normal in a manufacturing country but is in conflict
with labor standards in the United States is an example of:
Cultural clash Outsourcing conflict Ethical dilemma All of the above some other answer
8
Tyson has committed its brand to efforts to relieve and ultimately end childhood hunger,
and in the past few years been integrating social media into its hunger relief efforts.
This an example of
Social engineering Corporate social responsibility Social responsibility Global awareness All of the above
9
Greenopolis was developed by Waste Management Recycle America to serve as an
educational tool to teach people how to be more environmentally sound as they go about
their daily lives. This is an example of:
Social engineering Corporate social responsibility Social responsibility Global awareness All of the above
10
Honeybees are disappearing at an alarming rate and that’s bad news for the global food
chain. Haagen-Dazs decided to create a microsite to raise awareness about the issue.
This is an example of :
Social engineering Corporate social responsibility Social responsibility Corporate environmental awareness None of the Above
11
X Company is experiencing an increase in sales revenue of $150,000 resulting from
consumer approval of its new ethical program. What type of positive benefit does this
illustrate?
Firm financial performance Perceived future financial performance. Firm market value Stock market value None of the Above
12 The followings are benefits of good ethics of a company for employees, EXCEPT:
Employees may stay longer, reducing the
costs and disruption of recruitment and
retraining.
Employees are better motivated and more
productive.
A good reputation makes it easier to recruit
employees
All of the above None of the above
13 Which of the following regarding fraud is not true?
Occupational fraud is costly for the average
company
Occupation fraud tends to go undetected for
long time
People committing occupational fraud were
often first time offenders
Most cases were committed by members of
top management
Larger companies are especially susceptible
to fraud
14
The view that shareholders have a right to control and earn profits represents which
business ethics approach
Corporate social responsibility Occupational fraud Stakeholder theory Stockholder theory None of the Above
15 What is the purpose of the Ethics and Compliance Initiative (ECI)?
Provide an indication of the degree of
corruption in the public sector
Brings together business ethics practitioners
as well as business ethics scholars to promote
business ethics
Determine what is legally ethical and enforce
it in law
All of the above None of the above
16 Which of the following regarding occupational fraud is NOT true?
Most cases were committed by members of
the accounting department
Occupational fraud occurs in a wide range of
industries
Most cases were discovered during the
course of an audit
All of the Above None of the Above
17 Which of the following can benefit from good company ethics: Employees Customers Suppliers Investors All of the above
18 Benefits of responsible purchasing include all of the following EXCEPT: Additional sales opportunities Access to minority market knowledge Reduce independence on tradional suppliers
Enhanced reputation for a company with
larger pool of stakeholders
Fewer number of suppliers
19 Benefits of acting ethically include: Loyal customers Stronger financial performance Committed employees All of the Above None of the Above
20 Which of the following is (are) potential results of unethical behavior? Fines Jail time Lost revenue All of the above None of the above
21 Which of the following are positive characteristics relating ot business ethics? Adherence to global environmental standards Environmental purchasing Social programs Corporate reputation for social performance All of the above
22 Which country is most likely to have more prevelent unethical behavior? Mexico Denmark Finland Sweden All of the above
23 Which country is least likely to have instances of unethical behavior Canada China India Russia Mexico
24 Which of the following is a situation that has no right or wrong answer? Corporate social responsibility Business ethics Ethical dilemma Stakeholder Theory None of the above
25
Fraud in the U.S. gained attention after the unethical acts by which of the following
companies?
Enron WorldCom Arthur Andersen None of the Above All of the above
26
A German company listed on the New Yrok Stock Exchange that commits fraud may
liable under which set of laws
Germany laws United States Laws European Laws All of the above None of the above
27 Which of the following are accurate about the Corruption Perception Index? No country can get a perfect score
It is on a scale form 1-100, with 100 being the
best obtainable score
Most contries fall below 50 points None of the Above All of the above
28 What does ACFE stand for? Association of Central Fraud Examiners Association of Certified Fraud Examiners Annual Certified Fraud Examination Association of Certified Forgery Examiners None of the above
Question