The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personal B. Integrity to society. C. Change the way in which ethics is taught to students. D. Create more ethics standards by which corporate professionals must operate. E. Increase the workload for accounting students

The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personal B. Integrity to society.
C. Change the way in which ethics is taught to students.
D. Create more ethics standards by which corporate professionals must operate. E. Increase the workload for accounting students
by

1 Answer

Answer :

C. Change the way in which ethics is taught to students.
by

Related questions

The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personal Integrity to society. B. Change the way in which ethics is taught to students. C. Create more ethics standards by which corporate professionals must operate. D. Increase the workload for accounting students.

Description : The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personal Integrity to society. B. Change ... standards by which corporate professionals must operate. D. Increase the workload for accounting students.

Last Answer : C. Create more ethics standards by which corporate professionals must operate.

The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personalIntegrity to society. B. Change the way in which ethics is taught to students. C. Create more ethics standards by which corporate professionals must operate. D. Increase the workload for accounting students.

Description : The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personalIntegrity to society. B. Change the ... standards by which corporate professionals must operate. D. Increase the workload for accounting students.

Last Answer : Create more ethics standards by which corporate professionals must operate.

Which of these are safeguards for upholding high ethical standards? A. Having written orders to do something B. Companies’ internal codes, policies and education C. Corporate governance regulations D. b and c

Description : Which of these are safeguards for upholding high ethical standards? A. Having written orders to do something B. Companies’ internal codes, policies and education C. Corporate governance regulations D. b and c

Last Answer : D. b and c

Which of these are safeguards for upholding high ethical standards? A. Having written orders to do something B. Companies’ internal codes, policies and education C. Corporate governance regulations D. B and C

Description : Which of these are safeguards for upholding high ethical standards? A. Having written orders to do something B. Companies’ internal codes, policies and education C. Corporate governance regulations D. B and C

Last Answer : D. B and C

How did the Code of Ethics define public interest? a. A distinguishing mark of a profession is the acceptance of its responsibility to the public. b. The accountancy profession's public consists of clients, credit grantors, governments, employers, employees, investors, the business and financial community, and others who rely on the objectivity and integrity of professional accountants. c. The collective well-being of the community of people and institutions the professional accountant serves. d. The standards of the accountancy profession are heavily determined by the public interest

Description : How did the Code of Ethics define public interest? a. A distinguishing mark of a profession is the acceptance of its responsibility to the public. b. The accountancy profession's public ... serves. d. The standards of the accountancy profession are heavily determined by the public interest

Last Answer : The collective well-being of the community of people and institutions the professional accountant serves.

The corporate governance structure of a company reflects the individual companies’: A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above

Description : The corporate governance structure of a company reflects the individual companies’: A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above

Last Answer : D. All of the above

The corporate governance structure of a company reflects the individual companies’: A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above.

Description : The corporate governance structure of a company reflects the individual companies’: A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above.

Last Answer : D. All of the abov

The Code of Professional Ethics states, in part, that a CPA should maintain integrity and objectivity. Objectivity refers to the CPA's ability to a. Determine accounting practices that were consistently applied. b. Maintain an impartial attitude on all matters which come under his review. c. Determine the materiality of items. d. Insist on all matters regarding audit procedures.

Description : The Code of Professional Ethics states, in part, that a CPA should maintain integrity and objectivity. Objectivity refers to the CPA's ability to a. Determine accounting practices that were consistently ... . c. Determine the materiality of items. d. Insist on all matters regarding audit procedures.

Last Answer : Maintain an impartial attitude on all matters which come under his review.

The Code of Professional Ethics states, in part, that a CPA should maintain integrity and objectivity. Objectivity refers to the CPA's ability to a. Insist on all matters regarding audit procedures. b. Determine the materiality of items. c. Determine accounting practices that were consistently applied. d. Maintain an impartial attitude on all matters which come under his review

Description : The Code of Professional Ethics states, in part, that a CPA should maintain integrity and objectivity. Objectivity refers to the CPA's ability to a. Insist on all matters regarding audit ... were consistently applied. d. Maintain an impartial attitude on all matters which come under his review

Last Answer : Maintain an impartial attitude on all matters which come under his review

__________ is a way of measuring, understanding, reporting and ultimately improving an organization’s social and ethical performance. A. Financial audit B. Social audit C. Ethical audit D. Corporate governance

Description : __________ is a way of measuring, understanding, reporting and ultimately improving an organization’s social and ethical performance. A. Financial audit B. Social audit C. Ethical audit D. Corporate governance

Last Answer : B. Social audit

Under the _____________, both internal and external corporate governance mechanisms are intended to induce managerial actions that maximize profit and A. shareholder value. B. Shareholder theory. C. Agency theory. D. Stakeholder theory. E. Corporate governance theory

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According to the private property defense of the classical model of corporate social responsibility, managers who use corporate funds for projects that are not directly devoted to maximizing profits are stealing from their owners. Which statement supports this view? A. Property rights are restricted when they conflict with the basic rules of society as embodied in law and custom. B. The connection between ownership and control that exists for personal property does not legally exist for corporate property. C. Investors buy their stocks with the hope of maximizing return on their investment. D. Stockholders in publicly traded corporations are better understood as investors rather than owners.

Description : According to the private property defense of the classical model of corporate social responsibility, managers who use corporate funds for projects that are not directly devoted to maximizing ... . Stockholders in publicly traded corporations are better understood as investors rather than owners.

Last Answer : C. Investors buy their stocks with the hope of maximizing return on their investment. D. Stockholders in publicly traded corporations are better understood as investors rather than owners.

Which statement does not reflect the idea of ethical relativism: A. All opinions are equal; no one can say what is ethically right or wrong. B. One's culture, society, or personal feelings are the only criteria for deciding what is ethically right or wrong. C. Determining what is ethically right or wrong is a process of arguing from an appeal to values and principles that justify and legitimize an opinion. D. Philosophical ethics is simply a process of clarifying values, not a process of justifying them.

Description : Which statement does not reflect the idea of ethical relativism: A. All opinions are equal; no one can say what is ethically right or wrong. B. One's culture, society, or personal feelings are ... D. Philosophical ethics is simply a process of clarifying values, not a process of justifying them.

Last Answer : C. Determining what is ethically right or wrong is a process of arguing from an appeal to values and principles that justify and legitimize an opinion.

Which statement does not reflect the idea of ethical relativism: A. All opinions are equal; no one can say what is ethically right or wrong. B. One's culture, society, or personal feelings are the only criteria for deciding what is ethically right or wrong. C. Determining what is ethically right or wrong is a process of arguing from an appeal to values and principles that justify and legitimize an opinion. D. Philosophical ethics is simply a process of clarifying values, not a process of justifying them.

Description : Which statement does not reflect the idea of ethical relativism: A. All opinions are equal; no one can say what is ethically right or wrong. B. One's culture, society, or personal feelings are ... . D. Philosophical ethics is simply a process of clarifying values, not a process of justifying them.

Last Answer : C. Determining what is ethically right or wrong is a process of arguing from an appeal to values and principles that justify and legitimize an opinion.

Corporate Governance originated from_________ A. The Companies Act B. SEBI Act, 1992 C. MCA D. Clause 49 of SEBI act, 2000

Description : Corporate Governance originated from_________ A. The Companies Act B. SEBI Act, 1992 C. MCA D. Clause 49 of SEBI act, 2000

Last Answer : A. The Companies Act

Which of the following is one of the functions of Quality Review Committee: a. To promulgate accounting and auditing standards that will be generally accepted in the Philippines. b. To conduct a review on applicants for registration to practice public accountancy and render a report which shall be attached to the application for registration. c. To adopt a Code of Ethics for the practice of accountancy. d. To evaluate periodically the performance of educational institutions offering accountancy education.

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Last Answer : To conduct a review on applicants for registration to practice public accountancy and render a report which shall be attached to the application for registration.

Which of the following is an example of an area where business ethics apply? A. Conduct of international operations B. Nowhere C. In the personal life of staff D. None of the above

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Existing accountant, as defined in the Code of Ethics, means a. A professional accountant employed in industry, commerce, the public sector or education. b. Those persons who hold a valid certificate issued by the Board of Accountancy. c. A professional accountant in public practice currently holding an audit appointment or carrying out accounting, taxation, consulting or similar professional services for a client. d. A sole proprietor, or each partner or person occupying a position similar to that of a partner and each staff in a practice providing professional services

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Last Answer : A professional accountant in public practice currently holding an audit appointment or carrying out accounting, taxation, consulting or similar professional services for a client.

Which of the following statements about the sales force in the 21st century is true? A. Sales managers will use a hands-off approach and let the professional salesperson be his or her own boss B. Transactional exchanges no longer occur C. Sales management must be smart and nimble and provide technology-centered solutions to support the sales effort D. Salespeople make little use of the Internet because they realize the importance of the personal touch E. All of the above statements about the sales force in the 21st century are true.

Description : Which of the following statements about the sales force in the 21st century is true? A. Sales managers will use a hands-off approach and let the professional salesperson be his or her own boss B ... touch E. All of the above statements about the sales force in the 21st century are true.

Last Answer : C. Sales management must be smart and nimble and provide technology-centered solutions to support the sales effort

Which of the following statements is correct? a. Sufficiency refers to the quality of evidence, while appropriateness refers to the quantity of evidence. b. The reliability of evidence is influenced not by its nature but by its source. c. The performance of consulting services for audit clients does not, in and of itself, impair the auditor’s independence. d. A belief that management and those charged with governance are honest and have integrity relieves the auditor of the need to maintain professional scepticism.

Description : Which of the following statements is correct? a. Sufficiency refers to the quality of evidence, while appropriateness refers to the quantity of evidence. b. The reliability of evidence is ... are honest and have integrity relieves the auditor of the need to maintain professional scepticism.

Last Answer : The performance of consulting services for audit clients does not, in and of itself, impair the auditor’s independence

Which of these are key principles of the code of ethics? A. Objectivity B. Familiarity C. Professional behavior D. A and C

Description : Which of these are key principles of the code of ethics? A. Objectivity B. Familiarity C. Professional behavior D. A and C

Last Answer : D. A and C

Which of these are key principles of the code of ethics? A. Objectivity B. Familiarity C. Professional behavior D. A and C

Description : Which of these are key principles of the code of ethics? A. Objectivity B. Familiarity C. Professional behavior D. A and C

Last Answer : D. A and C

Most accounting and auditing professionals agree that when an audit has failed to uncover material misstatements, and the wrong type of audit opinion is issued, the audit firm a. Has failed to follow generally accepted auditing standards (GAAS). b. Should be asked to defend thequality of the audit.c. Deserves to lose the lawsuit.d. Should not be held responsible for thefinancial loss suffered loss suffered byothers

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Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Description : Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Last Answer : Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures

Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Description : Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Last Answer : Relationships with national governments

Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Description : Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Last Answer : Relationships with national governments

The ethical roots of the classical model of corporate social responsibility are found in which statement: A. The idea that the interests of stakeholders are as important as the interests of a corporation's stockholders. B. The free market theory which holds that managers are ethically obliged to ace as much money as possible for their stockholders because to do otherwise would undermine the very foundations of our free society. C. The ethical imperative to cause no harm. D. The ethical imperative to prevent harm.

Description : The ethical roots of the classical model of corporate social responsibility are found in which statement: A. The idea that the interests of stakeholders are as important as the interests of a corporation' ... C. The ethical imperative to cause no harm. D. The ethical imperative to prevent harm.

Last Answer : B. The free market theory which holds that managers are ethically obliged to ace as much money as possible for their stockholders because to do otherwise would undermine the very foundations of our free society.

Which statements are characteristic of virtue ethics? A. Our character traits are easily modified, almost on a day-to-day basis if we so choose. B. Like Kantian ethical theory, virtue ethics requires that we disregard personal emotions and feelings. C. Virtue ethics is about describing people as good or bad. D. Even if a person is caring, empathetic, charitable and sympathetic, the challenge of egoism is still a factor in his or her decision-making. E. All of the above. F. None of the above.

Description : Which statements are characteristic of virtue ethics? A. Our character traits are easily modified, almost on a day-to-day basis if we so choose. B. Like Kantian ethical theory, virtue ethics requires that we disregard ... in his or her decision-making. E. All of the above. F. None of the above.

Last Answer : F. None of the above.

Which of the following is prohibited by the Code of Professional Ethics for CPAs? a. Use of a firm name which includes the name of a retired partner. b. Accepting an engagement or employment which one cannot reasonably expect to complete or discharge with professional competence. c. Announcement in a newspaper of the opening of a public accounting office. d. Engaging in civic activities during business hours

Description : Which of the following is prohibited by the Code of Professional Ethics for CPAs? a. Use of a firm name which includes the name of a retired partner. b. Accepting an engagement or ... newspaper of the opening of a public accounting office. d. Engaging in civic activities during business hours

Last Answer : Accepting an engagement or employment which one cannot reasonably expect to complete or discharge with professional competence

Which of the following most completely describes how independence has been defined by the CPA profession? a. Performing an audit from the viewpoint of the public. b. Avoiding the appearance of significant interests in the affairs of an audit client. c. Possessing the ability to act with integrity and objectivity. d. Possessing the ability to act professionally and accordance with a professional code of ethics.

Description : Which of the following most completely describes how independence has been defined by the CPA profession? a. Performing an audit from the viewpoint of the public. b. Avoiding the appearance of ... . d. Possessing the ability to act professionally and accordance with a professional code of ethics.

Last Answer : Possessing the ability to act with integrity and objectivity.

According to promotional mix, the method which follows corporate image building, handling unfavorable events and stories to get favorable publicity is called A. sales promotion B. personal selling C. public relations D. advertising

Description : According to promotional mix, the method which follows corporate image building, handling unfavorable events and stories to get favorable publicity is called A. sales promotion B. personal selling C. public relations D. advertising

Last Answer : C. public relations

According to promotional mix, method which follows corporate image building, handling unfavorable events and stories to get favorable publicity is called A. sales promotion B. personal selling C. public relations D. advertising

Description : According to promotional mix, method which follows corporate image building, handling unfavorable events and stories to get favorable publicity is called A. sales promotion B. personal selling C. public relations D. advertising

Last Answer : C. public relations

How does CIMA support its members and students? A. Setting standards and disciplinary process B. Making decisions for them C. Offering helplines globally D. a and c

Description : How does CIMA support its members and students? A. Setting standards and disciplinary process B. Making decisions for them C. Offering helplines globally D. a and c

Last Answer : D. a and c

How does CIMA support its members and students? A. Setting standards and disciplinary process B. Making decisions for them C. Offering helplines globally D. A and C

Description : How does CIMA support its members and students? A. Setting standards and disciplinary process B. Making decisions for them C. Offering helplines globally D. A and C

Last Answer : D. A and C

What is Ethics to do with? A. Nothing B. The wider community C. Business D. Right and wrong E. None of the above

Description : What is Ethics to do with? A. Nothing B. The wider community C. Business D. Right and wrong E. None of the above

Last Answer : D. Right and wrong

Which of the following best describes why publicly-traded corporations follow the practice of having the outside auditor appointed by the board of directors or elected by the stockholders? a. To comply with the regulations of the Accounting Standards Council. b. To emphasize auditor independence from the management of the corporation. c. To encourage a policy of rotation of the independent auditors. d. To provide the corporate owners with an opportunity to voice their opinion concerning the quality of the auditing firm selected by the director

Description : Which of the following best describes why publicly-traded corporations follow the practice of having the outside auditor appointed by the board of directors or elected by the stockholders? a. ... opportunity to voice their opinion concerning the quality of the auditing firm selected by the director

Last Answer : To emphasize auditor independence from the management of the corporation

Though PSAs do not provide "hard and fast rules," they provide subjective guidance which allow the auditors to: a. Only apply those standards that are important to the audit. b. Use adequate professional judgment when applying the standards. c. Tailor their audit to procedures requested by management. d. Accurately interpret the Code of Ethics for CPAs

Description : Though PSAs do not provide "hard and fast rules," they provide subjective guidance which allow the auditors to: a. Only apply those standards that are important to the audit. b. Use ... Tailor their audit to procedures requested by management. d. Accurately interpret the Code of Ethics for CPAs

Last Answer : Use adequate professional judgment when applying the standards.

It refers to the inculcation, assimilation and acquisition of knowledge, skills, proficiency and ethical and moral values, after the .initial registration of a professional that raise and enhance the professional's technical skills and competence. a. Professional Development b. Continuing Professional Education c. Continuing Professional Development d. Professional Growth and Development

Description : It refers to the inculcation, assimilation and acquisition of knowledge, skills, proficiency and ethical and moral values, after the .initial registration of a professional that ... b. Continuing Professional Education c. Continuing Professional Development d. Professional Growth and Development

Last Answer : Continuing Professional Education

The President of India takes oath - (1) to uphold the sovereignty and integrity of India. (2) to bear true faith and allegiance to the Constitution of India. (3) to uphold the Constitution and Laws of the country. (4) to preserve, protect and defend the Constitution and the law of the country

Description : The President of India takes oath - (1) to uphold the sovereignty and integrity of India. (2) to bear true faith and allegiance to the Constitution of India. (3) to uphold the Constitution and Laws of the country. (4) to preserve, protect and defend the Constitution and the law of the country

Last Answer : (4) to preserve, protect and defend the Constitution and the law of the country Explanation: The President of India takes oath to preserve, protect and defend the Constitution and the Jaw of the country.

Which of the following is not a fundamental duty under the Indian constitution? (1) To protect monuments of national importance (2) To develop scientific temper (3) To uphold the unity and integrity of the nation (4) None of these

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Last Answer : (1) To protect monuments of national importance Explanation: Protection of monuments of national importance is not a fundamental duty.

Which one among the following is not a fundamental duty of the citizen of India? (1) To develop scientific temper, humanism and the spirit of inquiry and reform (2) To safeguard public property and to abjure violence (3) To uphold and protect the sovereignty, unity and integrity of India (4) To practice family planning and to control population

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Last Answer : (4) To practice family planning and to control population Explanation: To practise family planning and to control population, is not a fundamental duty of the citizen of India. The Fundamental ... child or ward was provided opportunities for education between the ages of six and fourteen years.

The President of India takes oath (A) to uphold the sovereignty and integrity of India. (B) to bear true faith and allegiance to the Constitution of India. (C) to uphold the Constitution and Laws of the country. (D) to preserve, protect and defend the Constitution and the law of the country.

Description : The President of India takes oath (A) to uphold the sovereignty and integrity of India. (B) to bear true faith and allegiance to the Constitution of India. (C) to uphold the Constitution and Laws of the country. (D) to preserve, protect and defend the Constitution and the law of the country. 

Last Answer : (D) to preserve, protect and defend the Constitution and the law of the country.

Which legislation relates to the concept of business ethics? A. Freedom of Information Act B. Building regulations C. Food Act D. All of these

Description : Which legislation relates to the concept of business ethics? A. Freedom of Information Act B. Building regulations C. Food Act D. All of these

Last Answer : A. Freedom of Information Act

Business ethics deals primarily with A. Social responsibility. B. the pricing of products and services. C. moral obligation. D. being unfair to the competition

Description : Business ethics deals primarily with A. Social responsibility. B. the pricing of products and services. C. moral obligation. D. being unfair to the competition

Last Answer : C. moral obligation.

The main purpose of business ethics is to understand A. Ethical uncertainties B. Principles and concepts C. Application of practices D. All of the above

Description : The main purpose of business ethics is to understand A. Ethical uncertainties B. Principles and concepts C. Application of practices D. All of the above

Last Answer : D. All of the above

Which one is not a security issue of mobile computing? a) Integrity b) Legitimate c) Accountability d) Insufficient bandwidth

Description : Which one is not a security issue of mobile computing? a) Integrity b) Legitimate c) Accountability d) Insufficient bandwidth

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A professional accountant has a professional duty or right disclose confidential information in each of the following, except: a. To comply with technical standards and ethics requirements. b. To disclose to the Bureau of Internal Revenue any fraudulent scheme committed by the client on payment of income tax. c. To comply with the quality review of a member body or professional body d. To respond to an inquiry or investigation by a member body or regulatory body

Description : A professional accountant has a professional duty or right disclose confidential information in each of the following, except: a. To comply with technical standards and ethics requirements. b. To disclose to ... body d. To respond to an inquiry or investigation by a member body or regulatory body

Last Answer : To disclose to the Bureau of Internal Revenue any fraudulent scheme committed by the client on payment of income tax

A professional accountant has a professional duty or right to disclose confidential information in each of the following, except: a. To disclose to BIR fraudulent scheme committed by the client on payment of income tax. b. To comply with technical standards and ethics requirements. c. To comply with the quality review of amember body or professional bodyd. To respond to an inquiry or investigationby a member body or regulatory body

Description : A professional accountant has a professional duty or right to disclose confidential information in each of the following, except: a. To disclose to BIR fraudulent scheme committed by the client on payment ... body d. To respond to an inquiry or investigation by a member body or regulatory body

Last Answer : To disclose to BIR fraudulent scheme committed by the client on payment of income tax