Farrah works in the sales tax section of the accounts department of BCD Co. When the finance director is on holiday, Farrah

notices that BCD Co has not been paying the correct quarterly amounts to the authorities. Farrah had suspected this for some time and decides to contact the authorities to tell them about the fraud. This disclosure is known as————————

What two words correctly complete the sentence

Confidentiality breach

Corporate conscience

Whistle blowing

Which of the following is an approach to ethics which combines a concern for the law with an emphasis on managerial

responsibility

Compliance based

Integrity based

Environmental based

Economic based

X plc is trying to get a trading permit, for which it qualifies. Unfortunately, there is a backlog at the

issuing office, and X plc has been notified that there will be a delay in the processing of its permit. The divisional manager

offers a donation to the issuing office's staff welfare fund, if the official concerned will expedite the paperwork.

Which of the following statements is true of this action

Itis not unethical, becausethemoneyisofferedforpositivepurposes.

Itis not unethical, becauseXplcislegallyentitledto thebenefit itis claiming.

Itconstitutes bribery.

Itconstitutes grease money.

What is the name given to an approach to ethical decision-making which considers the 'right' decision to be the one which

results in the greatest good to the greatest number of people in a given situation

Utilitarianism

Deontology

Virtue ethics

Managers are said to have a———————————responsibility (or duty of faithful service) in respect of the entities whose purposes they serve.

Which term correctly completes this sentence

Financial

Ethical

Fiduciary

Reliability, responsibility,, courtesy and respect are the personal qualities

expected of an accountant.

Which of the followingwords correctly complete this statement

Accountability

Social responsibility

Timeliness

Ambition

You have been asked to work on a major investment decision that your company will be making, and discover that your

brother-in-law is the managing director of a firm that may benefit from the outcome of the decision. You have no intention of

allowing this to influence the advice you give your firm, and you know that your brother-in-law will not try to influence you in

any way

What professional quality would make you consider handing this task to a colleague, or otherwise raising questions with your

superiors

Scepticism

Accountability

Independence of mind

Independence in appearance

Which of the following would not represent anethical objective in relation to employmentpractices

Guarantee of minimum wages

Proactive health, safety and welfarepromotion

Promotion of workforce diversity

Employability training

Of the three main sources of rules that regulate the behaviour of businesses, the minimum level of acceptable behaviour is set by which

Non-legal rules and regulations

Ethics

The law

Society

The directors' deliberations must be balanced by taking into account everyone who has a legitimate interest in the company

and respecting their rights and views.

This statement describes which concept

Fairness

Openness

Probity