Questions from Business Ethics


Q: Is a professional accountant a businessperson pursuing profit or a fiduciary that

Is a professional accountant a businessperson pursuing profit or a fiduciary that is to act in the public interest?

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Q: Why is it important for a professional accountant to understand the ethical

Why is it important for a professional accountant to understand the ethical trends discussed in this chapter?

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Q: Why should a professional accountant be aware of the Ethics Code of

Why should a professional accountant be aware of the Ethics Code of the International Federation of Accountants (IFAC)?

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Q: Why is an ethical corporate culture important?

Why is an ethical corporate culture important?

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Q: Do you think that the events recorded in this chapter are isolated

Do you think that the events recorded in this chapter are isolated instances of business malfeasance, or are they systemic through the business world?

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Q: The new anti-bribery prosecution regime involves serious charges and penalties

The new anti-bribery prosecution regime involves serious charges and penalties for bribery in foreign countries during past times when many people were bribing in the normal course of international bu...

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Q: At GM and Takata, whose improper actions finally came to light

At GM and Takata, whose improper actions finally came to light, a whistleblower raised objections to the actions before or very early in the production process. Why were their concerns ignored and ris...

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Q: The CEOs of Valeant Pharmaceuticals and Turing Pharmaceuticals took the view that

The CEOs of Valeant Pharmaceuticals and Turing Pharmaceuticals took the view that they could jack up the price of their drugs by huge percentages because they could, and they failed to consider seriou...

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Q: What are the reactions and outcomes that can be attributed to the

What are the reactions and outcomes that can be attributed to the leaked Panama Papers?

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Q: Many cases of financial malfeasance involve misrepresentation to mislead boards of directors

Many cases of financial malfeasance involve misrepresentation to mislead boards of directors and/or investors. Identify the instances of misrepresentation in the Enron, Arthur Andersen, and WorldCom c...

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