Possible Ethical Issues Multiple Choices
The term “expectations gap” has been coined to describe:
a) The difference between what the public thinks it is receiving in audited financial statements, and what the public is actually receiving.
b) The expectation that business exists to serve the needs of the shareholders and society.
c) The opinion of the public that the public’s physical wellbeing, and the wellbeing of some workers, is threatened by corporate activity.
d) That directors, executives and managers are human, and make mistakes.
e) None of the above.
Which among the following is NOT a common ethical decision-making pitfall?
a) Conforming to an ethical corporate culture.
b) Focusing only on legalities.
c) Conflicts of interest.
d) Failure to consider the motivation for the decision.
e) Limits to rights canvassed.
Which of the following areas does the Sarbanes-Oxley Act NOT cover?
a) The responsibilities of management.
b) Conflicts of interest.
c) The responsibilities of the auditors.
d) Whistle-blower rights for employees of non-public companies.
“Everyone is entitled to pursue their own goals as long as they do not violate the practical imperative” is the deontological ethics principle of that moralist?
a) Frances Kamm.
b) Rene Descartes.
c) Immanuel Kant.
d) Thomas Nagel.
The United States Congress passed which act as a result of the subprime mortgage crisis?
a) Frank Wall Street Reform and Consumer Protection Act.
b) American Recovery and Reinvestment Act.
c) United States Patriot Act.
d) Chinese Exclusion Act.
Which of the following is a FALSE statement concerning Utilitarianism?
a) Utilitarianism ignores motivation and focuses only on consequences.
b) Utilitarianism has evolved along two main lines: “Act Utilitarianism” and “Rule Utilitarianism.”
c) Minority rights are always protected under Utilitarianism.
d) Act Utilitarianism is sometimes referred to as consequentialism.
Avoiding common ethical decision-making pitfalls is imperative. Which of the
a) The difference between what the public thinks it is receiving in audited financial statements, and what the public is actually receiving.
b) The expectation that business exists to serve the needs of the shareholders and society.
c) The opinion of the public that the public’s physical wellbeing, and the wellbeing of some workers, is threatened by corporate activity.
d) That directors, executives and managers are human, and make mistakes.
e) None of the above.
Which among the following is NOT a common ethical decision-making pitfall?
a) Conforming to an ethical corporate culture.
b) Focusing only on legalities.
c) Conflicts of interest.
d) Failure to consider the motivation for the decision.
e) Limits to rights canvassed.
Which of the following areas does the Sarbanes-Oxley Act NOT cover?
a) The responsibilities of management.
b) Conflicts of interest.
c) The responsibilities of the auditors.
d) Whistle-blower rights for employees of non-public companies.
“Everyone is entitled to pursue their own goals as long as they do not violate the practical imperative” is the deontological ethics principle of that moralist?
a) Frances Kamm.
b) Rene Descartes.
c) Immanuel Kant.
d) Thomas Nagel.
The United States Congress passed which act as a result of the subprime mortgage crisis?
a) Frank Wall Street Reform and Consumer Protection Act.
b) American Recovery and Reinvestment Act.
c) United States Patriot Act.
d) Chinese Exclusion Act.
Which of the following is a FALSE statement concerning Utilitarianism?
a) Utilitarianism ignores motivation and focuses only on consequences.
b) Utilitarianism has evolved along two main lines: “Act Utilitarianism” and “Rule Utilitarianism.”
c) Minority rights are always protected under Utilitarianism.
d) Act Utilitarianism is sometimes referred to as consequentialism.
Avoiding common ethical decision-making pitfalls is imperative. Which of the