Describe the factors to consider in creating codes of organizational ethics.
What will be an ideal response?
Factors to consider: Values are our basic concepts of good and bad, or right and wrong. Principles apply our values to specific situations to identify actions that we consider ethical. Management support is critical because if senior managers do not pay attention to the code, others will not either. Personal responsibility identifies the fact that everyone is personally accountable for their own behavior and is expected to act ethically. Finally, compliance identifies applicable laws and regulations that guide ethical behavior in specific industries.
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Two paragraphs should be added to the auditor's report when the auditor concludes that substantial doubt remains about the client's ability to continue as a going concern for a reasonable period of time
a. True b. False Indicate whether the statement is true or false
Which of the following is not one of the procedures for assessing the reliability and validity of conjoint analysis results?
A) The goodness of fit of the estimated model (R2 ) should be evaluated. B) Stress values or badness of fit measures should be evaluated. Stress values vary with the type of conjoint analysis procedure and the data being analyzed. C) Test-retest reliability can be assessed by obtaining a few replicated judgments and correlating them. D) Internal validity can be determined by correlating predicted evaluations with those obtained from the respondents.
A private, not-for-profit hospital received the following restricted contributions and other receipts during the year ended September 30, 20X5: For research$250,000 For equipment acquisitions$400,000 Income from endowment to be used for newaddition to hospital plant$875,000 None of the contributions or other receipts was expended during the year ended September 30, 20X5. For the year ended September 30, 20X5, what amount would be reported on the hospital's statement of changes in net assets as an increase in net assets with donor restrictions?
A. $1,525,000 B. $650,000 C. $1,275,000 D. $250,000
Which of the following statements regarding the Foreign Intelligence Surveillance Act (FISA) is true?
A) To spy on people located in the United States who are communicating abroad, the government needs a warrant. B) Governments may keep irrelevant and personally identifying data before providing it to other agencies. C) Under the FISA, the government does not need to notify defendants if the evidence being used against them in court was gathered in FISA surveillance. D) To spy on people located in the United States who are communicating abroad, the government must obtain permission from a secret Foreign Intelligence Surveillance Court.