Ethics Questions from my FIN 350 class. please help.

Question 2 (1 point) Listen If a lower level employee obeys orders regarding taking actions that they know are illegal, they cannot be prosecuted because they were just taking orders from a superior. True False Question 3 (1 point) Listen Phil, the CEO of XYAZ Pharmaceuticals, Inc. just received information that approval of the company's COVID vaccine is going to be denied by the FDA. However, news of this will not be made available to the public until tomorrow afternoon. Which of the following is correct? 1. Since Phil is a shareholder, in order to maximize shareholder wealth, he should sell XYAZ stock immediately II. As CEO, Phil has the duty to notify the largest shareholders before smaller shareholders since they have the most shareholder wealth at stake. I only Il only 1 and 11 Neither I nor 11 Question 4 (1 point) Listen Which of the following actions by the financial manager is a breach of ethics, particularly if taken too far? He sets prices for the firm's goods and services that will maximize profits for all divisions Through organic growth, he expands the firm's market for its goods and services to the point where the firm is one of the largest suppliers. He sets a goal to grow the firm through the acquisition of competitors to the point where the firm can exercise monopolistic power He builds a portfolio of the best products and services possible that will make his firm the preferred supplier Question 5 (1 point) Listen Some might argue that even if no law has been broken, all of the following is a breach of ethics for the financial manager, except which of the following? He does his best to pay employees as little as possible-just enough to avoid excessive turnover. He meets all SEC reporting requirements, but won't communicate to investors any more information than what's necessary, even when asked during the annual meeting He only approves an increase to the annual dividend when the firm's growth in earnings warrants it. During a long business trip, he decides to slip in a round of golf on company time because he needs some time to decompress. Question 6 (1 point) Listen Which of the following best describes a financial manager practicing good ethics? He does whatever he can to maximize shareholder value as long as he doesn't break any laws. He strives to provide all employees with stock options so they can share in the financial successes of the firm He supports the goal of always meeting or exceeding customer expectations as the firm produces and sells its goods and services. He strives to fairly, and within legal constraints, balance the interests of the firm's stakeholders. including employees and customers, while maximizing shareholder value, Question 8 (1 point) Listen When the financial manager is preparing the firm's financial statements, which is a clear ethical breach? Although there are off-balance sheet items that might be of interest to shareholders and investors, he only provides notes on those items when required by the SEC. After many years, he decides to change from the LIFO to the FIFO method of accounting for cost of goods sold and provides a clear explanation for the switch. He uses accelerated depreciation techniques anytime permissible to reduce the firm's taxes in the early years versus later years While preparing supporting files, he maintains clear and coucise records to help the auditors do their annual audit