Question 1 5 out of 5 points Select the best definition of ethics: Answer Selected Answer: a set of relatively unclear principles regarding what we should do. Correct Answer: a set of relatively unclear principles regarding what we should do. Question 2 5 out of 5 points The best example of a source for virtue ethics for a business is Answer Selected Answer: the corporate mission statement. Correct Answer: the corporate mission
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‚ & Vitell‚ S. (1997). The influence of corporate culture on managerial ethical judgments Public Law 107–204‚107th Congress. Retrieved May 1‚ 2013 from http://www.sec.gov/about/laws/soa2002.pdf Travis‚ E. (2013). Ethical Responsibilities of Whistleblowing. Retrieved May 2‚ 2013 from http://www.ehow.com/list_6837080_ethical-responsibilities-whistleblowing.html#ixzz2ST8u0hGP
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Legal 500 Final Exam Question 1 4 out of 4 points The best example of a source for virtue ethics for a business is Answer Selected Answer: the corporate mission statement. Correct Answer: the corporate mission statement. Question 2 4 out of 4 points Which of the following statements best illustrates the view of “utilitarianism”? I. From each according to his abilities‚ to each according to his needs. II. The risk reasonably to be perceived defines the duty
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Week 5: Sarbanes-Oxley Act (SOX) Summary ACC/291 10 June 2013 Judith Bines Introduction The Sarbanes-Oxley Act‚ also known as SOX‚ is a federal law that requires publicly traded companies to individually certify the accuracy of their financial information. The law was enacted as a reaction to corporate accounting scandals that
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contracts Professional protection against threats • Safeguards created by the profession‚ legislative acts and/or regulation ▫ Greater ongoing ethical education in the profession. ▫ Example of Corporate Governance is CLERP 9‚ which is similar to Sarbanes-Oxley Act (U.S) and
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JB Accounting Fraud‚ the Investor and the Sarbanes Oxley Act Throughout the past several years major corporate scandals have rocked the economy and hurt investor confidence. The largest bankruptcies in history have resulted from greedy executives that “cook the books” to gain the numbers they want. These scandals typically involve complex methods for misusing or misdirecting funds‚ overstating revenues‚ understating expenses‚ overstating the value of assets or underreporting of liabilities
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The problem to be investigated is the effect and consequences of the Sarbanes-Oxley Act. The main purpose of the Sarbanes-Oxley Act of 2002 was to improve the public trust and confidence in financial reporting provided by public companies and increase in the transparency of their reports (Jennings‚ 2012). This paper will investigate the issues covered by SOX‚ additional costs due to the establishment of Sarbanes- Oxley Act and its policies‚ and finally list of government practices that could be
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P4: to describe two theories of ageing –disengagement and activity P5 – Describe physical and psychological changes due to the ageing process M3: Use examples to describe the 2 theories of ageing D2: Evaluate the influence of 2 major theories on health and social care provisions. The activity theory The Activity Theory was originally an idea that was proposed by Lemon Bengtson &Peterson this proposal was seen to have a much more hopeful and positive view on ageing in comparison to the
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"Underlying Causes" Please respond to the following: Analyze at least three underlying causes for the creation of the Sarbanes-Oxley Act. Next‚ rank the causes that you have analyzed from the most important to the least important to the creation of the Act. Explain your rationale. In the later part of 1990s‚ there was an epidemic of accounting scandals which arose with the disclosure of financials transgressions by trusted corporate executives. The misdeeds involved misusing or misdirecting
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History of Sarbanes Oxley and the Reasons for Enactment Virginia Knight Student ID: 6892460166 Accounting Capstone Senior Seminar in Accounting ACC 499 006016 Spring 2009 Submitted to: Professor Tee Thein June 19‚ 2009 Abstract: In 2002 the Sarbanes-Oxley Act was passed. This is a mandatory act that all organizations‚ large and small‚ must comply with. This legislation introduced major changes to the regulation of financial practice and corporate governance. There are eleven titles
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