Business Ethics - C717 questions and answers

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Why Study Business Ethics? Correct Answer: to help you do ethics and be ethical What are a company's core values? Correct Answer: Beliefs and principles that provide the ultimate guide in its decision making In What Year did Congress pass the Sarbanes-Oxley Act Correct Answer: 2002 What is the Sarbanes-Oxley Act Correct Answer: law to address the wave of corporate and accounting scandals Section 406 of the Sarbanes-Oxley Act Correct Answer: Code of Ethics for Senior Financial Officers, requires corporations to have a code of ethics applicable to its principal financial officer and comptroller or principal accounting officer, or persons performing similar functions Code of Ethics (of the Sarbanes-Oxley Act) must include 3 standards: Correct Answer: 1. honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships 2. full, fair, accurate, timely, and understandable closure in the periodic reports required to be filled by the issuer; and 3. compliance with applicable governmental rules and regulations Core Values Correct Answer: beliefs and principles that provide the ultimate guide in its decision making Business Ethics Correct Answer: 1. refers to those values, standards, and principles that operate within business 2. refers to an academic discipline that not only studies those standards, values, and principles, but also seeks to articulate and defend those that ought to or should operate in business The word ethics is derived from which greek word Correct Answer: ethos, meaning customary or conventional What is the difference between ethos and ethics Correct Answer: what IS valued and what OUGHT to be valued Philosophical Ethics Correct Answer: distinguishes what people DO value from what people SHOULD value morality Correct Answer: how each of us should live our lives virtues Correct Answer: character traits Why is studying ethics relevant to Business? Correct Answer: it is essential to living a responsible and meaningful life

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Business Ethics C717 Pearson questions and answers all correct|Business Ethics - C717 questions and answers

Why Study Business Ethics? Correct Answer: to help you do ethics and be ethical What are a company's core values? Correct Answer: Beliefs and principles that provide the ultimate guide in its de...

By ETSY 3 years ago

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