Question 1

How can companies secure stakeholder input during an ethics audit? Why is it important to do so?

Accepted Answer

The answer of How can companies secure stakeholder input during...

Question 2

Two useful indicators for assessing employee issues are

Accepted Answer

A)  staff turnover and stock price. 
B)  staff turnover and employee satisfaction. 
C)  staff turnover and honesty. 
D)  employee satisfaction and attendance. 
E)  employee satisfaction and productivity. 
A)  staff turnover and stock price. 
B)  staff turnover and employee satisfaction. 
C)  staff turnover and honesty. 
D)  employee satisfaction and attendance. 
E)  employee satisfaction and productivity.

Question 3

Which of the following statements about ethics audits is false?

Accepted Answer

A)  They provide an opportunity to measure conformity to the firm's desired ethical standards. 
B)  Social audits and ethics audits perform basically the same function, so organizations can use them interchangeably. 
C)  They provide an objective method for demonstrating a company's commitment to improving strategic planning, including its compliance with legal and ethical standards and social responsibility. 
D)  They can be a component of social audits. 
E)  They are systematic evaluations of an organization's ethics program and performance to determine whether it is effective. 
A)  They provide an opportunity to measure conformity to the firm's desired ethical standards. 
B)  Social audits and ethics audits perform basically the same function, so organizations can use them interchangeably. 
C)  They provide an objective method for demonstrating a company's commitment to improving strategic planning, including its compliance with legal and ethical standards and social responsibility. 
D)  They can be a component of social audits. 
E)  They are systematic evaluations of an organization's ethics program and performance to determine whether it is effective.

Question 4

Which of the following is not a measure of ethical climate?

Accepted Answer

A)  Collective skill 
B)  Collective ethical sensitivity 
C)  Collective character 
D)  Collective judgment 
E)  Collective moral motivation 
A)  Collective skill 
B)  Collective ethical sensitivity 
C)  Collective character 
D)  Collective judgment 
E)  Collective moral motivation

Question 5

Which of the following is probably the best way for a manager to provide good ethics leadership?

Accepted Answer

A)  Hire an ethics officer 
B)  Write a code of conduct 
C)  Conduct ethics audits 
D)  Set a good example 
E)  Only hire good employees 
A)  Hire an ethics officer 
B)  Write a code of conduct 
C)  Conduct ethics audits 
D)  Set a good example 
E)  Only hire good employees

Question 6

Which of the following does not have a significant impact on the success of an ethics program?

Accepted Answer

A)  Senior management's ability to successfully incorporate ethics into the organization 
B)  The quality of communication 
C)  The size of the company 
D)  The content of the company's code of ethics 
E)  The frequency of communication regarding the ethical code and program 
A)  Senior management's ability to successfully incorporate ethics into the organization 
B)  The quality of communication 
C)  The size of the company 
D)  The content of the company's code of ethics 
E)  The frequency of communication regarding the ethical code and program

Question 7

Describe the process of conducting an ethics audit in detail.

Accepted Answer

The answer of Describe the process of conducting an ethics...

Question 8

The process of verifying the results of an audit should involve standard procedures that control the _____ of the information.

Accepted Answer

A)  completeness 
B)  effectiveness and efficiency 
C)  reliability and validity 
D)  independence 
E)  veracity 
A)  completeness 
B)  effectiveness and efficiency 
C)  reliability and validity 
D)  independence 
E)  veracity

Question 9

Which of the following is not a step in the ethics auditing process?

Accepted Answer

A)  Secure commitment of top executives and directors. 
B)  Review organizational mission, goals, values and policies, and define ethical priorities. 
C)  Report the results to the U.S. Sentencing Commission. 
D)  Collect and analyze relevant information. 
E)  Verify the results. 
A)  Secure commitment of top executives and directors. 
B)  Review organizational mission, goals, values and policies, and define ethical priorities. 
C)  Report the results to the U.S. Sentencing Commission. 
D)  Collect and analyze relevant information. 
E)  Verify the results.

Question 10

Which of the following is a statement that attests that the financial statements made in an audit are fairly stated, without limitations?

Accepted Answer

A)  Adverse opinion 
B)  Qualified opinion 
C)  Unqualified opinion 
D)  Favorable opinion 
E)  Disclaimer of opinion 
A)  Adverse opinion 
B)  Qualified opinion 
C)  Unqualified opinion 
D)  Favorable opinion 
E)  Disclaimer of opinion

Question 11

Ethics audits can help companies identify potential _____ so they can implement plans to eliminate or reduce them before they reach crisis dimensions.

Accepted Answer

A)  competitive advantages 
B)  risks and liabilities 
C)  productivity issues 
D)  technological glitches 
E)  market opportunities 
A)  competitive advantages 
B)  risks and liabilities 
C)  productivity issues 
D)  technological glitches 
E)  market opportunities

Question 12

Explain the benefits and risks of ethics auditing.

Accepted Answer

The answer of Explain the benefits and risks of ethics...

Question 13

The concept of ethics auditing emerged from the movement to audit and report on companies' broader _____ initiatives.

Accepted Answer

A)  product development 
B)  legal compliance 
C)  risk management 
D)  public relations 
E)  social responsibility 
A)  product development 
B)  legal compliance 
C)  risk management 
D)  public relations 
E)  social responsibility

Question 14

Which of the following is not one of the top challenges facing CEOs today? .

Accepted Answer

A)  Keeping pace with regulation 
B)  Protecting against risks 
C)  Managing and utilizing social media 
D)  Gaining adequate compensation 
E)  Managing reputation 
A)  Keeping pace with regulation 
B)  Protecting against risks 
C)  Managing and utilizing social media 
D)  Gaining adequate compensation 
E)  Managing reputation

Question 15

What is the Global Reporting Initiative? What is its goal? Why has it grown in importance?

Accepted Answer

The answer of What is the Global Reporting Initiative? What...

Question 16

When The Gap posts the results of its ethics audit on its web site, it is engaged in which of the following steps of the ethics auditing process?

Accepted Answer

A)  Submit the results to the U.S. Sentencing Commission 
B)  Define the scope of the audit 
C)  Collect and analyze relevant information 
D)  Verify the results 
E)  Report the results 
A)  Submit the results to the U.S. Sentencing Commission 
B)  Define the scope of the audit 
C)  Collect and analyze relevant information 
D)  Verify the results 
E)  Report the results

Question 17

The word _____ implies a balanced organization that makes ethical financial decisions and also is ethical in more subjective matters of corporate culture.

Accepted Answer

A)  compliance 
B)  integrity 
C)  financial management 
D)  corporate culture 
E)  transparency 
A)  compliance 
B)  integrity 
C)  financial management 
D)  corporate culture 
E)  transparency

Question 18

Under the _____, CEOs and CFOs may be criminally prosecuted if they knowingly certify misleading financial statements.

Accepted Answer

A)  Sherman Antitrust Act 
B)  Ethical Compliance Act. 
C)  Robinson-Patman Act, 
D)  Sarbanes-Oxley Act., 
E)  Sherman Antitrust Act.. 
A)  Sherman Antitrust Act 
B)  Ethical Compliance Act. 
C)  Robinson-Patman Act, 
D)  Sarbanes-Oxley Act., 
E)  Sherman Antitrust Act..

Question 19

During the data-collection phase of the audit, the primary objective is to generate a variety of opinions about how the company is perceived and whether it is

Accepted Answer

A)  fulfilling employee benefits commitments. 
B)  bringing in new customers. 
C)  meeting profit projections. 
D)  meeting earnings projections. 
E)  fulfilling stakeholders' expectations. 
A)  fulfilling employee benefits commitments. 
B)  bringing in new customers. 
C)  meeting profit projections. 
D)  meeting earnings projections. 
E)  fulfilling stakeholders' expectations.

Question 20

During which of the following steps of the ethics auditing process does an organization identify the tools or methods for measuring progress in improving employees' ethical decisions and conduct?

Accepted Answer

A)  Secure commitment of top managers and directors 
B)  Establish a committee to oversee the audit 
C)  Define the scope of the audit 
D)  Collect and analyze relevant information 
E)  Verify the results 
A)  Secure commitment of top managers and directors 
B)  Establish a committee to oversee the audit 
C)  Define the scope of the audit 
D)  Collect and analyze relevant information 
E)  Verify the results

How can companies secure stakeholder input during an ethics audit? Why is it important to do so?

Two useful indicators for assessing employee issues are

Which of the following statements about ethics audits is false?

Which of the following is not a measure of ethical climate?

Which of the following is probably the best way for a manager to provide good ethics leadership?

Which of the following does not have a significant impact on the success of an ethics program?

Describe the process of conducting an ethics audit in detail.

The process of verifying the results of an audit should involve standard procedures that control the _____ of the information.

Which of the following is not a step in the ethics auditing process?

Which of the following is a statement that attests that the financial statements made in an audit are fairly stated, without limitations?

Ethics audits can help companies identify potential _____ so they can implement plans to eliminate or reduce them before they reach crisis dimensions.

Explain the benefits and risks of ethics auditing.

The concept of ethics auditing emerged from the movement to audit and report on companies' broader _____ initiatives.

Which of the following is not one of the top challenges facing CEOs today? .

What is the Global Reporting Initiative? What is its goal? Why has it grown in importance?

When The Gap posts the results of its ethics audit on its web site, it is engaged in which of the following steps of the ethics auditing process?

The word _____ implies a balanced organization that makes ethical financial decisions and also is ethical in more subjective matters of corporate culture.

Under the _____, CEOs and CFOs may be criminally prosecuted if they knowingly certify misleading financial statements.

During the data-collection phase of the audit, the primary objective is to generate a variety of opinions about how the company is perceived and whether it is

During which of the following steps of the ethics auditing process does an organization identify the tools or methods for measuring progress in improving employees' ethical decisions and conduct?

The Importance of Business Ethics

Stakeholder Relationships, Social Responsibility, and Corporate Governance

Emerging Business Ethics Issues

The Institutionalization of Business Ethics

Ethical Decision Making and Ethical Leadership

Individual Factors: Moral Philosophies and Values

Organizational Factors: the Role of Ethical Culture and Relationships

Developing an Effective Ethics Program

Globalization of Ethical Decision Making

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Exam 9: Managing and Controlling Ethics Programs

How can companies secure stakeholder input during an ethics audit? Why is it important to do so?

Two useful indicators for assessing employee issues are

Which of the following statements about ethics audits is false?

Which of the following is not a measure of ethical climate?

Which of the following is probably the best way for a manager to provide good ethics leadership?

Which of the following does not have a significant impact on the success of an ethics program?

Describe the process of conducting an ethics audit in detail.

The process of verifying the results of an audit should involve standard procedures that control the _____ of the information.

Which of the following is not a step in the ethics auditing process?

Which of the following is a statement that attests that the financial statements made in an audit are fairly stated, without limitations?

Ethics audits can help companies identify potential _____ so they can implement plans to eliminate or reduce them before they reach crisis dimensions.

Explain the benefits and risks of ethics auditing.

The concept of ethics auditing emerged from the movement to audit and report on companies' broader _____ initiatives.

Which of the following is not one of the top challenges facing CEOs today? .

What is the Global Reporting Initiative? What is its goal? Why has it grown in importance?

When The Gap posts the results of its ethics audit on its web site, it is engaged in which of the following steps of the ethics auditing process?

The word _____ implies a balanced organization that makes ethical financial decisions and also is ethical in more subjective matters of corporate culture.

Under the _____, CEOs and CFOs may be criminally prosecuted if they knowingly certify misleading financial statements.

During the data-collection phase of the audit, the primary objective is to generate a variety of opinions about how the company is perceived and whether it is

During which of the following steps of the ethics auditing process does an organization identify the tools or methods for measuring progress in improving employees' ethical decisions and conduct?

The Importance of Business Ethics

Stakeholder Relationships, Social Responsibility, and Corporate Governance

Emerging Business Ethics Issues

The Institutionalization of Business Ethics

Ethical Decision Making and Ethical Leadership

Individual Factors: Moral Philosophies and Values

Organizational Factors: the Role of Ethical Culture and Relationships

Developing an Effective Ethics Program

Globalization of Ethical Decision Making

Filters