Question 1 

Principles are

Answer 

laws and regulations that guide behavior in the world of business.

mores, values, and customs that guide behavior in general.

specific and pervasive boundaries for behavior that are universal and absolute.

the obligations businesses assume to maximize their positive impact and minimize their negative impact on stakeholders.

the mores, values, and customs that parents teach their children.

Question 2 

Ethics is a part of decision making

Answer 

at all levels of work and management.

primarily at the upper management levels of an organization.

mostly for policy makers.

that is less important than other decision making processes.

only at that lower levels of organizational management

Question 3 

Which of the following is not something a firm might do to encourage organizational ethics and compliance?

Answer 

Employee ethics training

Hiring a compliance officer

Ignoring potential ethical issues

Writing a code of ethics

Conducting an ethics and compliance audit

Question 4 

During the 1990s the institutionalization of business ethics was largely driven by which piece of legislation?

Answer 

Sarbanes-Oxley Act

Federal Sentencing Guidelines for Organizations

Dodd-Frank Wall Street Reform and Consumer Protection Act

Foreign Corrupt Practices Act

Global Sullivan Principles

Question 5 

Having acceptable personal ethics is probably not going to be sufficient to handle complex business ethical issues when an individual has

Answer 

family concerns.

an unethical boss.

limited business experience.

financial training.

a marketing background

Question 6 

Which of the following is generally not considered a business ethics issue?

Answer 

Harassment

Accounting fraud

Employee theft

Misuse of organizational resources

Corporate hierarchy

Question 7 

Social responsibility is

Answer 

an organization’s obligation to maximize its positive effects and minimize its negative effects on stakeholders.

principles and standards that guide behavior in the world of business.

a business’s responsibility not to pollute the environment.

a business’s responsibility to manufacture products that function properly.

charitable contributions made by a business to enhance its image

Question 8 

Investors are concerned about business ethics because they know that misconduct can

Answer 

foster stability.

improve employee commitment.

improve customer loyalty.

lower stock value and prices.

complicate business financial reporting

Question 9 

Which of the following industries tends to generate a high level of trust from consumers and stakeholders?

Answer 

Insurance

Technology

Banks

Mortgage lenders

Financial services

Question 10 

Stakeholders’ power over businesses stems from their

Answer 

ability to withdraw or withhold resources.

ability to generate profits.

media impact.

political influence.

stock ownership

Question 11 

Why do critics argue that high compensation for boards of directors is a bad thing?

Answer 

It is too expensive for the organization.

It could cause conflicts of interest between the directors and the organization.

It is not fair to poorly compensated employees.

High pay will render the board less complacent.

Board of director compensation is not a major issue

Question 12 

Which of the following is not a method typically employed by firms when researching relevant stakeholder groups?

Answer 

Surveys

Kaplan ac113 unit 8 exam 2015,Accounting,$16.00,

Get a Unique Answer HERE or Order a Similar Paper

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.