Exam 2: Business Ethics

A) The Golden Rule
B) The Disclosure Principle
C) The Help Peers Test
D) The Sarbanes-Oxley Rule
E) The Greenhouse Rule

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A) The applicable categorical imperatives
B) The lack of agreement about the meaning of "the good life"
C) The applicable principle of rights
D) The ethics of care analysis
E) The lack of agreement regarding which rules on balance produce the greatest amount of pleasure for the greatest number of people

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A) The act does not provide protection for whistle-blowers such as Olivia.
B) The act provides protection for whistle-blowers only if it can be shown that a significant amount of money, in excess of $5,000, was involved in the incident involved.
C) The act provides protection for whistle-blowers only if it can be shown that a significant amount of money, in excess of $10,000, was involved in the incident involved.
D) The act provides protection for whistle-blowers who work for an accounting firm, but not for any other employees.
E) Olivia's whistle-blowing would be protected under the act, and her firing was illegal.

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A) To possess a large enough supply of goods and services to meet basic demands
B) To possess the capacity or resources to act as one wishes
C) To treat all humans identically, regardless of race, class, gender, age and sexual preference
D) To be safe from those wishing to interfere with your property rights
E) To maximize the amount of wealth in society

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A) The responsibility of business to make profit for shareholders.
B) The responsibility of business to have annual meetings.
C) The expectations that the community imposes on firms doing business inside its borders.
D) The expectations of employees regarding wage rates.
E) The expectations of management in regard to adequate utility resources.

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A) People disagree about what duties we owe to one another and which duties are more important.
B) People disagree about whether consequences are positive or negative.
C) People disagree about the ethics of care.
D) People disagree about what duties we owe to one another and also whether consequences are positive or negative.
E) People disagree about what duties we owe to one another, whether consequences are positive or negative, and about the ethics of care.

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A) Public disclosure test
B) Profit motive
C) Golden Rule
D) WPH Method
E) Universalization test

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A) Consumers and community
B) Employees and management
C) State and federal governments
D) Communities and future generations
E) Employees and owners

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A) Shareholders but not employees
B) Employees but not shareholders
C) Customers but not employees or shareholders
D) Management but not employees
E) Shareholders, employees, customers, and management

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A) Situational ethics
B) Consequentialism
C) Business ethics
D) Sarbanes-Oxley principles
E) Business utilitarianism

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A) To possess a large enough supply of goods and services to meet basic needs
B) To possess the capacity or resources to act as one wishes
C) To treat all humans identically, regardless of race, class, gender, age and sexual preference
D) To possess anything that someone is willing to grant you
E) To maximize the amount of wealth in society

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A) Ethical relativism
B) Deontology
C) Categorical imperative
D) Absolutism
E) Kantian

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A) Positive realism
B) Ethical relativism
C) Situational ethics
D) Kantian ethics
E) Relativity ethics

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A) Chris is correct. No oversight board was created by the act.
B) Yes, a board called the Public Company Accounting Oversight Board was created by the act.
C) Yes, a board called the Public Accountability Commission was created by the act.
D) Yes, a board called the CPA Oversight Commission was created by the act.
E) Yes, a board called the Federal Accountability Commission was created by the act.

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A) Public disclosure test
B) Profit motive
C) Golden rule
D) WPH Method
E) Universalization

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