Business Ethics Final Exam Questions With Correct Answers
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Course
Business Ethics
Institution
Business Ethics
Business Ethics Final Exam Questions With
Correct Answers
In September and October 2008, financial markets around the world suffered a severe crash as: -
answerthere was aggressive lending to subprime borrowers in a deregulated environment.
Sebastian and Amy are arguing over secondary legislati...
Which of the following is true of the penalties under the Foreign Corrupt Practices Act? -
answer✔Officers, directors, stockholders, employees, and agents are subject to a fine of up to
$250,000 per violation and imprisonment for up to five years.
The creation of the _____ was an attempt to reestablish the perceived independence of auditing
companies after the corporate accounting scandals of the early 2000s. - answer✔Public Company
Accounting Oversight Board
Which of the following legislations could fine companies for failing to disclose bribes and other
forms of payments to foreign officials before the Foreign Corrupt Practices Act was introduced?
- answer✔The Securities and Exchange Commission.
The formula used to calculate the total fine sentenced by the Federal Sentencing Guidelines for
Organizations (FSGO) is: - answer✔the base fine multiplied by the culpability score.
The maximum penalty that a judge can impose upon an organization for violating the Federal
Sentencing Guidelines for Organizations is a penalty worth: - answer✔the full amount of the
organization's assets.
Under the Federal Sentencing Guidelines for Organizations, the death penalty: - answer✔is
warranted where the organization was operating primarily for a criminal purpose.
The _____ is a fine that is set high enough by the Federal Sentencing Guidelines for
Organizations to match all the assets of an organization and effectively puts the organization out
of business. - answer✔death penalty
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