Podcast
Questions and Answers
What is a key ethical issue related to employee and management conflicts?
What is a key ethical issue related to employee and management conflicts?
- Whistle-blowing (correct)
- Workplace safety
- Equal employment opportunity
- Product pricing
Which ethical principle emphasizes that the benefit from a decision must outweigh the risks?
Which ethical principle emphasizes that the benefit from a decision must outweigh the risks?
- Equity
- Corporate due process
- Proportionality (correct)
- Diversity
In which situation might the implementation of a new computer information system within an organization lead to ethical concerns?
In which situation might the implementation of a new computer information system within an organization lead to ethical concerns?
- Ensuring diversity in the workplace
- Resulting in downsizing and plant closures (correct)
- Improving product safety measures
- Enhancing workplace safety protocols
What is a common ethical issue associated with questionable business practices in foreign countries?
What is a common ethical issue associated with questionable business practices in foreign countries?
What type of ethical issue does the SEC written code of ethics address in relation to conflicts between personal and professional relationships?
What type of ethical issue does the SEC written code of ethics address in relation to conflicts between personal and professional relationships?
Which aspect is covered under 'FULL AND FAIR DISCLOSURES' in the SEC written code of ethics?
Which aspect is covered under 'FULL AND FAIR DISCLOSURES' in the SEC written code of ethics?
What does the SEC code require regarding 'INTERNAL REPORTING OF CODE VIOLATIONS'?
What does the SEC code require regarding 'INTERNAL REPORTING OF CODE VIOLATIONS'?
Which legislation addressed declining investor confidence due to business failures and accounting restatements by enacting laws in 2002?
Which legislation addressed declining investor confidence due to business failures and accounting restatements by enacting laws in 2002?
What is the primary purpose of preventive controls?
What is the primary purpose of preventive controls?
Which component sets the tone for the organization and influences the control awareness of management and employees?
Which component sets the tone for the organization and influences the control awareness of management and employees?
What is the main difference between Detective and Corrective controls?
What is the main difference between Detective and Corrective controls?
Why was the COSO framework designed?
Why was the COSO framework designed?
What is the key difference between bribery and illegal gratuities?
What is the key difference between bribery and illegal gratuities?
In conflicts of interest, an employee may act on behalf of a third party or have self-interest during the discharge of duties. Which situation does a conflict of interest typically involve?
In conflicts of interest, an employee may act on behalf of a third party or have self-interest during the discharge of duties. Which situation does a conflict of interest typically involve?
What distinguishes economic extortion from other forms of corruption?
What distinguishes economic extortion from other forms of corruption?
What type of asset misappropriation involves stealing cash from an organization before it is recorded on the books?
What type of asset misappropriation involves stealing cash from an organization before it is recorded on the books?
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![[Republic Act No. 3019] Anti-Graft and Corrupt Practices Act](https://images.unsplash.com/photo-1517672651691-24622a91b550?crop=entropy&cs=srgb&fm=jpg&ixid=M3w0MjA4MDF8MHwxfHNlYXJjaHwyN3x8VU5DQUMlMjBjb3JydXB0aW9uJTIwZGVmaW5pdGlvbiUyMGFudGktY29ycnVwdGlvbiUyMFVuaXRlZCUyME5hdGlvbnN8ZW58MXwwfHx8MTcwNTQ4NjAzNnww&ixlib=rb-4.0.3&q=85&w=300&fit=crop&h=200&q=75&fm=webp)
