Question 1

Which of the following provide incentives for developing core practices within a firm that could help ensure ethical and legal compliance?

Accepted Answer

A)  Department of Justice and Open Compliance Ethics Group 
B)  Department of Justice and the Sarbanes-Oxley Act 
C)  Federal Sentencing Guidelines for Organizations and the Sarbanes-Oxley Act 
D)  Food and Drug Administration and the Sarbanes-Oxley Act 
E)  Securities and Exchange Commission and the Sarbanes-Oxley Act

Question 2

The _____ of ethics involves embedding values, norms, and artifacts in organizations, industries, and society.

Accepted Answer

A)  institutionalization 
B)  rationalization 
C)  commercialization 
D)  mobilization 
E)  enforcement

Question 3

Title VII of the Civil Rights Act of 1964

Accepted Answer

A)  prohibits discrimination on the basis of race, color, sex, religion, or national origin. 
B)  penalizes the top executives in an organization for misconduct. 
C)  is basically the same as the Sarbanes-Oxley Act. 
D)  discourages whistle-blowers from reporting misconduct. 
E)  prohibits pay discrimination on the basis of gender.

Question 4

Which of the following is not a provision of the Sarbanes-Oxley Act?

Accepted Answer

A)  Strengthens penalties for corporate fraud 
B)  Discourages the creation of ethical and legal compliance programs 
C)  Requires codes of ethics for financial reporting in corporations 
D)  Makes fraudulent financial reporting a criminal offense 
E)  Requires greater transparency in financial reporting

Exam 4: The Institutionalization of Business Ethics

Which of the following provide incentives for developing core practices within a firm that could help ensure ethical and legal compliance?

The _____ of ethics involves embedding values, norms, and artifacts in organizations, industries, and society.

Title VII of the Civil Rights Act of 1964

Which of the following is not a provision of the Sarbanes-Oxley Act?