Test Bank for Business and Professional Ethics 9th Edition by Brooks 9780357441886
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Course
Business
Institution
Business
Test Bank, Practice Exam Quizzes for Business and Professional Ethics 9th Edition by Leonard J. Brooks, Paul Dunn. ISBN-10 5 and ISBN-13: 1886
Chapter 1: Ethics Expectations
The Ethics Environment for Business: The Battle for Credibility, Reputation, & Competitive Advantage
New Expectations ...
Indicate the answer choice that best completes the statement or answers the question.
1. The International Federation of Accountants (IFAC):
a. is not relevant to professional accountants in most industrialized countries.
b. is not relevant to professional accountants working in industry.
c. was created to develop global accounting, auditing, and ethics standards for professional accountants.
d. has the authority to discipline professional accountants.
e. has an impact on professional accounting practices in less than 20 countries around the world.
2. Not reporting environmental issues is an example of:
a. a lack of transparency.
b. a lack of integrity.
c. a lack of accuracy.
d. All of the above
e. None of the above
3. The following would be a key control function of a board of directors.
a. Set guidance and boundaries
b. Appoint the CEO
c. Approve the sale of the company’s assets
d. Decide on the company’s auditor
e. All of the above
4. Which corporate report discusses subjects that include environmental, health and safety, philanthropic, and
other social impacts?
a. A corporate annual report
b. A corporate social responsibility report
c. A corporate quarterly report
d. A corporate stakeholder report
e. A corporate ethics committee report
5. The following are examples of ethics risks faced by employees.
a. Honesty and integrity
b. Fairness and compassion
c. Integrity and responsibility
d. Fairness and integrity
e. Responsibility and honesty
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