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BA301 Test 2 (A+)

Second test in business administration, focusing on management functions and financial planning.

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    BA301 Test 2 (A+) 1. Utilitarian reasoning primarily considers: A) the end results of an action. B) the rights of the unprotected. C) the distribution of benefits. D) both A and C, but not B. Points Earned: 4 .0/4.0 Correct Answer(s): A 2. The Sarbanes - Oxley Act: A) forces firms with inaccurate financial reporting into Chapter 11 bankruptcy. B) does not hold auditing firms liable for their client's inaccurate account reporting. C) bans an auditing firm from providing the same client with non - auditing services. D) none of the above. Points Earned: 4 .0/4.0 Correct Answer(s): D 3. As an additional employee benefit to promote spirituality, companies have begun to provide employees with the services of: A) philosophers. B) chaplains. C) financial advisors. D) ombudspersons. Points Earned: 4.0/4.0 Correct Answer(s): B Points Awarded 100 .00 Points Missed 0 .00 Percentage 100 .0%

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    4. Under the Sarbanes - Oxley Act, corporations are required to: A) have their CEO and CFO sign off on financial statements as accurate and fair. B) have their audit committee comprised of only executives employed by the firm. C) collect reimbursements from the U.S. government if financial restatements occur. D) all of the above. Points Earned: 4.0/4.0 Correct Answer(s): A 5. Business managers need a set of ethical guidelines to help them: A) understand the changing customs throughout the world. B) justify the resolution which best helps them. C) identify and analyze the nature of the ethical problem. D) none of the above. Points Earned: 4.0/4.0 Correct Answer(s): C 6. A society where economic power is concentrated in the hands of government officials and political authorities is called: A) a central state control system. B) a social democracy. C) a political control system. D) a military dictatorship. Points Earned: 4.0/4.0 Correct Answer(s): A 7. Unocal Corporation's controversial gas pipeline was built in which country that was notorious for human rights abuses? A) Algeria B) Burma C) China D) Kazakhstan Points Earned: 4.0/4.0 Correct Answer(s): B

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