WorksheetsChris Quiz #4
Total questions: 12
Worksheet time: 6mins
Which of the following is NOT an example of a liability?
Cash
Equipment loans
Rental fees
The presentation recommends updating and modifying your budget how often?
Annually or quarterly
Monthly or weekly
Net worth = assets-liabilities
True
False
Which of the following is defined as conduct based on or established by society to maintain order and protect people and property from harm.
Legal behavior
Moral behavior
Ethical behavior
A lawyer believes his client is guilty but remains professional and represents his client. What type of behavior is this?
Legal
Moral
Ethical
Question about Anna…
Moral behavior
Ethical behavior
Choosing between a moral and immoral act is an ethical dilemma.
True
False
A business that tries to protect the environment is an example of a-
Sustainable business
Practical business
Steve lives in a neighborhood by a wastewater company that directly affects his water. This makes Steve a-
Customer
Employee
Stakeholder
Shareholder
Which of the following is the first step in the ethical decision making process?
Identify the ethical problem
List possible solutions
Which of the following is appropriate when evaluating the identified alternatives to an ethical decision?
Focus on cost and profit issues
Exclude personal perspectives
Dismiss the opinions of affiliated parties
Decide on a favorable solution in advance
Which of the following should a person NOT do during an ethical decision making process?
Review the companies code of ethics
Study laws and regulations of an industry
Consider stakeholders interests
Make a choice based on company profits
