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Which of the following is not a provision of the Sarbanes-Oxley Act?


A) Strengthens penalties for corporate fraud
B) Developed the Consumer Financial Protection Bureau
C) Requires codes of ethics for financial reporting in corporations
D) Makes fraudulent financial reporting a criminal offense
E) Requires greater transparency in financial reporting

F) A) and E)
G) A) and B)

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Passed by Congress in 1991,the _____ created incentives for organizations to develop and implement ethical compliance programs.


A) Sarbanes-Oxley Act
B) U.S. Sentencing Commission's Guidelines for Ethical Compliance
C) Ethical Compliance Act
D) Social Responsiveness Compliance Act
E) Federal Sentencing Guidelines for Organizations

F) A) and D)
G) C) and D)

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Why do you think the costs of compliance with Sarbanes Oxley go down over time?

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Companies have reported their compliance...

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The _____ of ethics involves embedding values,norms,and artifacts in organizations,industries,and society.


A) institutionalization
B) rationalization
C) commercialization
D) mobilization
E) enforcement

F) C) and D)
G) B) and C)

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An ethical organizational culture creates an environment in which to structure behavior that is then evaluated by stakeholders.The key elements of an organizational culture include all of the following except


A) values.
B) norms.
C) artifacts.
D) behavior.
E) employee compensation

F) A) and C)
G) None of the above

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Cause-related marketing is the synergistic and mutually beneficial use of an organization's core competencies and resources to deal with key stakeholders so as to bring about organizational and societal benefits.?

A) True
B) False

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____________ must be trusted to make business work properly and includes accountants.


A) Gatekeepers
B) Federal regulators
C) Ethics officers
D) The buying center
E) The legal department

F) A) and C)
G) D) and E)

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Cause related marketing can affect consumer _____,if consumers are sympathetic to the cause and the brand and cause are seen as a good fit.


A) individual ethics
B) tastes
C) attitudes
D) budgets
E) buying patterns

F) A) and E)
G) B) and E)

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Laws and regulations change over time; however,in the United States the thrust of most business legislation can be summed up as


A) any practice is permitted.
B) any practice is permitted that does not substantially reduce competition and harm consumers or society.
C) any practice is permitted that does not substantially harm consumers or society, but this applies only within the United States.
D) any practice is permitted that does not harm the environment.
E) any practice is permitted that does not break the law.

F) A) and B)
G) A) and C)

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What ethical issues affecting consumers and society as a whole are created by unfair competition?

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When businesses compete unfairly,legal a...

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The _____ was established after the latest financial crisis,in response to a situation that caused many consumers to lose their homes.


A) Environmental Protection Agency
B) World Bank
C) Consumer Financial Protection Bureau
D) World Trade Organization
E) Sarbanes-Oxley Act

F) A) and E)
G) A) and D)

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