Chapter 9

30 August 2022
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Report the findings
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What should be the final step in the ethics auditing process?
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Report the results to the U.S. Sentencing Commission.
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Which of the following is not a step in the ethics auditing process?
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Set a good example
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Which of the following is probably the best way for a manager to provide good ethics leadership?
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Sarbanes-Oxley Act
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Under the _____, CEOs and CFOs may be criminally prosecuted if they knowingly certify misleading financial statements.
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Economic, social, and environmental indicators
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What are the three Triple Bottom Line factors incorporated into the Global Reporting Initiative framework?
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ethical and legal conduct.
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While social reports often discuss issues related to a firm's performance in the four dimensions of social responsibility, as well as to specific social responsibility and ethical issues, ethics audits have a narrower focus on assessing and reporting on a firm's performance in terms of
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managers or ethics officers.
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While ideally the board of directors financial audit committee conducts ethics audits, in most firms they are conducted by
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Social audits and ethics audits perform basically the same function, so organizations can use them interchangeably.
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Which of the following statements about ethics audits is false?
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staff turnover and employee satisfaction.
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Two useful indicators for assessing employee issues are
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Secure the commitment of top executives and directors
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What should be the first step in the auditing process?
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ethics audit consultant
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A(n) _____ is a financial accounting firm that offers social auditing services or a nonprofit special interest group with auditing experience that verifies the results of ethics auditing data analysis
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he firm's decision to conduct an ethics audit
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Which of the following is not a phase of escalation during an ethical disaster?
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ethics audit
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A(n) _____ is a tool that companies can employ to identify and measure their ethical commitment to stakeholders.
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reliability and validity
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The process of verifying the results of an audit should involve standard procedures that control the _____ of the information.
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Collect and analyze relevant information
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During which of the following steps of the ethics auditing process does an organization identify the tools or methods for measuring progress in improving employees' ethical decisions and conduct?
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Unethical conduct is viewed as acceptable behavior.
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Which of the following is a possible unintended consequence of an organization's focusing more on ethics planning than on implementation?
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fulfilling stakeholders' expectations.
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During the data-collection phase of the audit, the primary objective is to generate a variety of opinions about how the company is perceived and whether it is
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weak ethical
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Retaliation against employees that report misconduct is a problem in _____ cultures.
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risks and liabilities
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Ethics audits can help companies identify potential _____ so they can implement plans to eliminate or reduce them before they reach crisis dimensions.
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The size of the company
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Which of the following does not have a significant impact on the success of an ethics program?