Exam 3: Creating an Ethical Organization Environment and Effective Corporate Governance Systems

The Institute of Internal Auditors Code of Ethics includes each of the following principles except for:

Which is a questionable ethical work behavior of an employee?

The aim of executive compensations is to:

The relationship between the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy and rule of law is known as

A reason that Bernie Madoff was able to pull off the Ponzi scheme for so long was:

Each of the following is part of the New York Stock Exchange listing requirements except for:

Explain the ethical dissonance model and what a high ethics individual should look for in finding an ethical employer.

Each of the following is a pillar of corporate governance except for:

A unique aspect of occupational fraud is:

To whom does the management owe its ultimate allegiance?

The 2010 Dodd-Frank Act includes additional incentives for whistleblowers. What is the act's effect on whistleblowing by accountants?

The stakeholder view emphasizes the obligations of management to:

Strong corporate governance relies on a strong board of directors. Which of the following would be a strong candidate to be a board director for XYZ, Inc.?

The motivating factor for Sears to charge customers for repairs that were not needed was:

Assume you are an ethical person and feel uncomfortable about the way your company is reporting earnings. You believe it is deliberately overstated. If you want to bring your concerns to upper management, in which person-organization fit is it most likely that you will do so?

To ensure audit committee independence, the committee should meet separately with each of the following groups except for:

An important issue in the Hewlett Packard pretexting case was:

The COSO report states that management should enact five components related to internal control objectives including each of the following except for:

Tommy Hubbs is the controller of XYZ Corporation. Recently, Hubbs was approached by Carol Franks, the CFO, and told in no uncertain terms to record $100,000 in revenue at the end of 2013 even though the sale was not made until January 3, 2014. Assume Hubbs decides not to go along with Franks' dictum. What steps should he take in trying to resolve the matter?

In the Pinto case, Ford relied on which approaches to ethical reasoning to decide on a course of action with respect to the faulty gas tank placement: