Question 1

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

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. D

Question 2

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 C

Question 3

Explain the benefits and risks of ethics auditing.

Accepted Answer

NO ANSWER

Question 4

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 5

At which stage of the ethics auditing process would a hospital conduct focus groups with management,doctors,nurses,related health professionals,support staff,and patients?

Accepted Answer

A) Collect and analyze relevant information 
B) Review organizational mission,goals,values,and policies 
C) Identify stakeholders 
D) Report the results 
E) Verify the results 
A) Collect and analyze relevant information 
B) Review organizational mission,goals,values,and policies 
C) Identify stakeholders 
D) Report the results 
E) Verify the results

Question 6

While ideally the board of directors financial audit committee conducts ethics audits,in most firms they are conducted by

Accepted Answer

A) managers or ethics officers. 
B) executive officers. 
C) the CEO. 
D) outside consultants. 
E) secondary stakeholders. 
A) managers or ethics officers. 
B) executive officers. 
C) the CEO. 
D) outside consultants. 
E) secondary stakeholders.

Question 7

What should be the final step in the ethics auditing process?

Accepted Answer

A) Define the scope of the audit 
B) Secure the commitment of top managers and directors 
C) Collect and analyze data 
D) Report the findings 
E) Verify the results 
A) Define the scope of the audit 
B) Secure the commitment of top managers and directors 
C) Collect and analyze data 
D) Report the findings 
E) Verify the results

Question 8

Describe the process of conducting an ethics audit in detail.

Accepted Answer

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

Question 9

Compare and contrast ethics auditing and financial auditing.How can the tools of financial auditing be applied to ethics audits?

Accepted Answer

The answer of Compare and contrast ethics auditing and financial...

Question 10

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 11

Which of the following is not a benefit of ethics auditing?

Accepted Answer

A) It can improve a firm's performance and effectiveness. 
B) It can increase a firm's attractiveness to investors. 
C) It can identify potential risks. 
D) It can harm relationships with stakeholders. 
E) It can reduce the risks associated with misconduct. 
A) It can improve a firm's performance and effectiveness. 
B) It can increase a firm's attractiveness to investors. 
C) It can identify potential risks. 
D) It can harm relationships with stakeholders. 
E) It can reduce the risks associated with misconduct.

Question 12

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 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

What should be the first step in the auditing process?

Accepted Answer

A) Secure the commitment of top executives and directors 
B) Define the scope of the audit 
C) Establish a committee to oversee the audit 
D) Collect and analyze data 
E) Review organizational mission,goals,values,and policies 
A) Secure the commitment of top executives and directors 
B) Define the scope of the audit 
C) Establish a committee to oversee the audit 
D) Collect and analyze data 
E) Review organizational mission,goals,values,and policies

Question 15

Which of the following is not a technique for collecting evidence during the ethics audit?

Accepted Answer

A) Ratio analysis 
B) Observing the data-collection process 
C) Publishing the results of the audit 
D) Examining internal and external documents 
E) Confirming information in the firm's accounting records 
A) Ratio analysis 
B) Observing the data-collection process 
C) Publishing the results of the audit 
D) Examining internal and external documents 
E) Confirming information in the firm's accounting records

Question 16

Retaliation against employees that report misconduct is a problem in cultures.

Accepted Answer

A) weak ethical 
B) strong ethical 
C) high power distance 
D) diverse 
E) international 
A) weak ethical 
B) strong ethical 
C) high power distance 
D) diverse 
E) international

Question 17

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 18

Which of the following is a possible unintended consequence of an organization's focusing more on ethics planning than on implementation?

Accepted Answer

A) Unethical conduct is viewed as acceptable behavior. 
B) The government implements its own audits. 
C) The ethics program is poorly designed. 
D) Employees become annoyed. 
E) The implementation process incurs large costs for the organization. 
A) Unethical conduct is viewed as acceptable behavior. 
B) The government implements its own audits. 
C) The ethics program is poorly designed. 
D) Employees become annoyed. 
E) The implementation process incurs large costs for the organization.

Question 19

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

Question 20

Which of the following is not a phase of escalation during an ethical disaster?

Accepted Answer

A) The firm's discovery of the misconduct 
B) Ethical issue recognition 
C) The firm's response to the misconduct 
D) The decision to act unethically 
E) The firm's decision to conduct an ethics audit 
A) The firm's discovery of the misconduct 
B) Ethical issue recognition 
C) The firm's response to the misconduct 
D) The decision to act unethically 
E) The firm's decision to conduct an ethics audit

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

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

Explain the benefits and risks of ethics auditing.

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

At which stage of the ethics auditing process would a hospital conduct focus groups with management,doctors,nurses,related health professionals,support staff,and patients?

While ideally the board of directors financial audit committee conducts ethics audits,in most firms they are conducted by

What should be the final step in the ethics auditing process?

Describe the process of conducting an ethics audit in detail.

Compare and contrast ethics auditing and financial auditing.How can the tools of financial auditing be applied to ethics audits?

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

Which of the following is not a benefit of ethics auditing?

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

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

What should be the first step in the auditing process?

Which of the following is not a technique for collecting evidence during the ethics audit?

Retaliation against employees that report misconduct is a problem in cultures.

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

Which of the following is a possible unintended consequence of an organization's focusing more on ethics planning than on implementation?

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?

Which of the following is not a phase of escalation during an ethical disaster?

The Importance of Business Ethics

Stakeholder Relationships, Social Responsibility, and Corporate Governance

Emerging Business Ethics Issues

The Institutionalization of Business Ethics

Ethical Decision Making

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

Ethical Leadership

Sustainability: Ethical and Social Responsibility Dimensions

Exploring Business Ethics, Social Responsibility, and Compliance Programs

Filters

Exam 9: Managing and Controlling Ethics Programs

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

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

Explain the benefits and risks of ethics auditing.

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

At which stage of the ethics auditing process would a hospital conduct focus groups with management,doctors,nurses,related health professionals,support staff,and patients?

While ideally the board of directors financial audit committee conducts ethics audits,in most firms they are conducted by

What should be the final step in the ethics auditing process?

Describe the process of conducting an ethics audit in detail.

Compare and contrast ethics auditing and financial auditing.How can the tools of financial auditing be applied to ethics audits?

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

Which of the following is not a benefit of ethics auditing?

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

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

What should be the first step in the auditing process?

Which of the following is not a technique for collecting evidence during the ethics audit?

Retaliation against employees that report misconduct is a problem in cultures.

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

Which of the following is a possible unintended consequence of an organization's focusing more on ethics planning than on implementation?

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?

Which of the following is not a phase of escalation during an ethical disaster?

The Importance of Business Ethics

Stakeholder Relationships, Social Responsibility, and Corporate Governance

Emerging Business Ethics Issues

The Institutionalization of Business Ethics

Ethical Decision Making

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

Ethical Leadership

Sustainability: Ethical and Social Responsibility Dimensions

Exploring Business Ethics, Social Responsibility, and Compliance Programs

Filters