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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B
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A) Brad is correct. No oversight board was created.
B) A board called the Public Company Accounting Oversight Board was created by the Act.
C) A board called the Public Accountability Commission was created by the Act.
D) A board called the CPA Oversight Commission was created by the Act.
E) A board called the Federal Accountability Commission was created by the Act.
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A) Deontology
B) Act utilitarianism
C) Rule utilitarianism
D) Ethical relativism
E) Virtue ethics
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A) The Board ensures that auditors and public accounting firms compile accurate and truthful financial reports for the companies they audit, but it has no responsibility in regard to whistle-blowing protection.
B) The Board requires that companies devise a system that allows employees to report suspicions of unethical behavior, but it does not address financial reports prepared by auditors and public accounting firms.
C) The Board requires that the universalization test be used as the primary ethical guideline and also mandates protection for whistle-blowers who report suspicious activity involving financial reports.
D) The Board ensure that auditors and public accounting firms compile accurate and truthful financial reports for the companies they audit and also requires that companies devise a system that allows employees to report suspicions of unethical behavior.
E) The Public Company Accounting Oversight Board was abolished during the Obama administration and no longer exists.
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A) Deontology
B) Act utilitarianism
C) Rule utilitarianism
D) Ethical relativism
E) Virtue ethics
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A) Golden rule
B) Universalization test
C) Public disclosure
D) Relevant disclosure
E) World rule
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A) The interest of management is ranked higher than that of employees when decisions are made.
B) The interest of owners is ranked higher than that of both employees and management when decisions are made.
C) When decisions are made, the interest of the community as a whole is considered last.
D) The interest of management is ranked higher than that of employees when decisions are made, but the interest of owners is ranked higher than the interest of any group.
E) There is not a framework under WPH for ranking one stakeholder above another.
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A) Business ethics refers to standards of business conduct but does not result in a set of correct decisions.
B) Business ethics results in a set of correct decisions and does not simply refer to standards of business conduct.
C) Business ethics produces a list of correct business decisions that all ethical businesses will make so long as the theory of deontology is followed.
D) Business ethics produces a list of correct business decisions that all ethical businesses will make so long as the theory of rule utilitarianism is followed.
E) Business ethics produces a list of correct business decisions that all ethical businesses will make so long as the theory of virtue ethics is followed.
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A) Deontology
B) Ethical relativism
C) Act utilitarianism
D) Ethical fundamentalism
E) Rule utilitarianism
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A) Deontology
B) Act utilitarianism
C) Rule utilitarianism
D) Ethical relativism
E) Virtue ethics
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A) Act utilitarianism
B) Rule utilitarianism
C) Situational ethics
D) Virtue ethics
E) Deontology
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A) It applies utilitarianism.
B) It holds that a cost-benefit analysis should be applied.
C) It holds that whether an action is moral does not depend on the perspective of the person facing the ethical dilemma.
D) It applies virtue ethics and concentrates on the accepted values of the person at issue as well as those of the community involved.
E) It applies corporate ethics principles.
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A) Who, Purpose, and How
B) When, Plan, and How
C) Why, Procedure, and Hope
D) Where, Plan, and Hope
E) Where, Procedure, and How
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False
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A) Morals
B) Ethics
C) Consequences
D) Law
E) Business
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Student answers will likely vary based u...View Answer
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A) The act does not provide protection for whistle-blowers such as Laura.
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) Laura's whistle-blowing would be protected under the act, and her firing was illegal.
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A) Deontology
B) Categorical imperatives
C) Inquiry into the consequences
D) Disregard of consequences
E) Act utilitarianism
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A) Situational ethics
B) Ethical relativism
C) Absolutism
D) Consequentialism
E) Relativity ethics
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A
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A) Situational ethics
B) Consequentialism
C) Business ethics
D) Sarbanes-Oxley principles
E) Business utilitarianism
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