Finance Ethics Exam Study Guide

  Ethics solely rely on the basis of an act being legal or illegal.

• TRUE

• FALSE

A business's code of ethics can be written or unwritten.

• TRUE

• FALSE

Insider Trading is always illegal.

• TRUE

• FALSE

Mail fraud Is when managers use the investor’s money or assets to benefit themselves or their company rather than the investor.

• TRUE

• FALSE

Confidentiality is un unethical issue in business.

• TRUE

• FALSE

Misappropriation of Funds can be referred to as embezzlement if the individual uses the money for their own use.

• TRUE

• FALSE

Insurance Fraud is considered a white-collar crime.

• TRUE

• FALSE

If something is unethical, it is also illegal.

• TRUE

• FALSE

Embezzlement is legal.

• TRUE

• FALSE

It is legal to sign another person’s name to a document if you do not think they would care.

• TRUE

• FALSE