Question 21 (Mandatory) (1 point)

The triple bottom line for ethical business decision-making is:

Question 21 options:

a)	Eat. Drink. Be Merry.

b)	People. Planet. Profits.

c)	Yada. Yada. Yada.

d)	Shareholders. Employees. Community.

Question 22 (Mandatory) (1 point)

Laws like Sarbanes-Oxley are designed to promote:

Question 22 options:

a)	Wealth promotion

b)	Ethical shareholder behavior

c)	Sound investing

d)	Transparency

Question 23 (Mandatory) (1 point)

Jeff Skilling, the former President of Enron:

Question 23 options:

a)	Pled guilty to insider trading

b)	Was acquitted of white-collar crimes

c)	Won an appeal at the U.S. Supreme Court

d)	Died before he was sentenced

Question 24 (Mandatory) (1 point)

Bernard Madoff was guilty of:

Question 24 options:

a)	Committing tipper-tippee insider trading

b)	Committing accounting fraud

c)	Running a counterfeiting operation

d)	Running a Ponzi scheme

Question 25 (Mandatory) (1 point)

In Dodge v. Ford Motor Co., the courts ruling concerning Ford co. dividends exemplifies the following ethics theory:

Question 25 options:

a)	Shareholder theory

b)	Stakeholder theory

c)	Virtue Theory

d)	Consequentialism

Question 26 (Mandatory) (1 point)

The decision of Gravity Payments's CEO to increase the entry-level compensation to $70,000 was criticized by some as socialism. That would be a wrong analysis because:

Question 26 options:

a)	the pay increase was part of a profit-sharing program

b)	The decision of a business to increase its pay has nothing to do with socialism (e.g. the government owning the means of production)

c)	the employees voted for the pay increase

d)	the minimum wage is an example of socialism

Question 27 (Mandatory) (1 point)

The Sarbanes-Oxley Act created the:

Question 27 options:

a)	Investor Relations Information Board

b)	Securities and Exchange Transparency Board

c)	Mark-to-Market Asset Valuation Board

d)	Public Company Accounting Oversight Board

Question 28 (Mandatory) (1 point)

Which of the following would not be a stakeholder, when a corporation is considering moving one of its manufacturing facilities from its current state to a state that has a lesser state tax burden and less union participation?

Question 28 options:

a)	stores or other retailers in the city where the facility is located

b)	the city council

c)	Both of them are actually stakeholders in this situation

d)	both of them are not stakeholders in this situation

Question 29 (Mandatory) (1 point)

Under Sarbanes-Oxley, personal loans made by the corporation to executives and board members are:

Question 29 options:

a)	Allowed if publicly disclosed on the financial statements

b)

Allowed

c)	Prohibited if there is no interest rate attached to the loan

d)	Prohibited

Question 30 (Mandatory) (1 point)

Sarbanes-Oxleys whistleblower protection does not apply when:

Question 30 options:

a)	The whistleblower works for a publicly traded company

b)	The whistleblower reports misconduct to a supervisor

c)	The whistleblower reports misconduct to the media

d)	The whistleblower reports misconduct to the government