Appropriately managing diversity in the workplace leads to competitive advantages. True False
Which of the following was a legislative response to the Great Depression? the Sarbanes-Oxley Act b) the Securities Act of 1933 and 1934 c) the Glass-Steagall Act d) the Gramm-Leach-Bliley Act
In assessing why an accountant should be involved with the study of ethics, each of the following is a reason to study ethics except: A. Some moral beliefs an individual holds may not suffice because they are simple beliefs about complex issues. B. In some situations, because of conflicting ethical principles, it may be difficult to determine what to do. C. Ethics training allows an accountant to create a more adequate balance sheet. D. Individuals may hold some inadequate beliefs or cling to inadequate values.
Which of the following is not a characteristic of a profession? A. a recognized formal education process for acquiring requisite specialized knowledge B. exceptionally recognized intellect C. recognition of status D. a standard of conduct governing the relationship of the practitioner with the public That a thing should fulfill its potential typifies the model put forward by Aristotle and his mentor Plato that best encapsulates which theory? A. virtue ethics B. utilitarianism C. deontology D. epistemology
People classified as high Machs (Machiavellianism) tend to be better ethical decision makers. True False
Which of the following is a question to consider when facing an ethical dilemma as per the Raytheon Ethics Quick Test? a) Is the action legal? b) Does it fit the company's profit model? c) How would it look in the newspaper? d) Both a and c
The Maximum Ethics System Model synthesizes various approaches into a systematic best practices framework for reinforcing ethical behaviors and reducing ethical risks throughout the workplace. True False
The Sarbanes-Oxley Act was designed ostensibly to regulate corporate conduct in an attempt to promote ethical behavior and prevent fraudulent financial reporting. True False