Socially Responsible Investment Quiz: Test Your Knowledge!

EG – Quick Fire Quiz 2 You have submitted the quiz. Back to Course YOU SCORED12OUT OF A POSSIBLE30[40%] Question 1 Marks: 1 Which one of the following terms can be defined as ‘an approach to investment that explicitly acknowledges the relevance to the investor of environmental, social and governance factors, and of the long-term health and stability of the market as a whole’? Answer Options You answered B. The correct answer is B USER SELECTION CORRECT ANSWER Environmental value creation. Socially responsible investment. Reputation risk management. Corporate social responsibility. Answer Explanation B is correct. Module: 5 > Part: B > 5.9 Socially responsible investments > Page: 302 Question 2 Marks: 0 What does ‘caveat emptor’ mean? Answer Options You answered C. The correct answer is A USER SELECTION CORRECT ANSWER Let the buyer beware.

Let the buyer avoid redress. Let the buyer follow a code of conduct. Let the buyer behave appropriately. Answer Explanation A is correct. Module: 4 > Part: B > 4.7 Protecting the goods and services market > Caveat Emptor to Consumer Protection > Page: 259 Question 3 Marks: 0 Which term can be described as follows: “situations where individuals seek to avoid their legal liability for a wrongful act by deliberately putting themselves in a position where they are unaware of facts”? Answer Options You answered D. The correct answer is C USER SELECTION CORRECT ANSWER Information asymmetry. Moral hazard. Wilful Blindness. Two-Strikes Rule. Answer Explanation C is correct. Module: 4 > Part: A > 4.1 Mitigating the risk of financial failure > Common causes of corporate failure > Page: 210 Question 4 Marks: 1 Making responsible decisions and taking actions that are in the interests of protecting the natural world with emphasis on preserving the environment is know as which of the following? Answer Options You answered C. The correct answer is C

USER SELECTION CORRECT ANSWER Social sustainability. Enlightened self-interest. Environmental sustainability. Corporate social responsibility. Answer Explanation C is correct. Module: 5 > Part: D > 5.17 Environmental sustainability > Page: 319 Question 5 Marks: 0 Auditing requirements and the role of the external auditor are set down in which one of the following divisions of the Corporations Act? Answer Options You answered A. The correct answer is B USER SELECTION CORRECT ANSWER 2 3 4 5 Answer Explanation B is correct. Module: 4 > Part: A > 4.2 Diversity - fairness and performance > Auditing the financial statements > Page: 225 Question 6 Marks: 1 According to the ACNC’s 2018 Charity Compliance Report (2019) which one of the following was identified as their greatest concern?

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Answer Options You answered A. The correct answer is A USER SELECTION CORRECT ANSWER Private benefit. Record-keeping. Poor governance. Mismanagement Answer Explanation A is correct. Module: 4 > Part: A > 4.4 Governance issues in the non corporate sector > Charities and not-for-profit sector > Figure 4.2 > Page: 233 Question 7 Marks: 0 According to DiMaggio and Powell (1983) which one of the following are the main isomorphic processes? Answer Options You answered B. The correct answer is C USER SELECTION CORRECT ANSWER Mimetic and normative. Coercive and normative. Coercive, mimetic and normative. Coercive, homogenisation and normative. Answer Explanation C is correct. Module: 5 > Part: C > 5.16 Institutional theory > Page: 317

Question 8 Marks: 0 According to Hamilton & Micklethwait (2006), which one of the following is amongst the main causes for corporate failure? Answer Options You answered A. The correct answer is C USER SELECTION CORRECT ANSWER Risk management. Remuneration practices. Poor strategic decisions. Incompetence and negligence. Answer Explanation C is correct. Module: 4 > Part: A > 4.1 Mitigating the risk of financial failure > Common causes of corporate failure > Page: 208 Question 9 Marks: 1 In a criminal case the onus is on the prosecutor to prove which one of the following? Answer Options You answered C. The correct answer is C USER SELECTION CORRECT ANSWER The crime showed no criminal intent. Show doubt that the crime was committed. Beyond reasonable doubt that the crime was committed. On the balance of probabilities the crime was more likely than not committed. Answer Explanation C is correct.

Module: 4 > Part: B > 4.5 The legal system > The economy and the legal system > Page: 238 Question 10 Marks: 0 GR 101 contains 10 reporting principles which one of the following is not one of the principles? Answer Options You answered A. The correct answer is C USER SELECTION CORRECT ANSWER Clarity Reliability Relevance Timeliness Answer Explanation C is correct. Module: 5 > Part: E > 5.25 Guidelines and non-mandatory reporting > The Global Reporting Initiative > Table 5.5 > Page: 339 Question 11 Marks: 0 If a supplier forces a customer to also purchase another item from a third party this is referred to as which one of the following? Answer Options You answered B. The correct answer is D USER SELECTION CORRECT ANSWER Output Restrictions. Bid-Rigging Price-Fixing Third-line forcing.

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Answer Explanation D is correct. Third-line forcing is a form of exclusive dealing. Module: 4 > Part: B > 4.7 Protecting the goods and services market > Regulating anti-competitive behaviour > Page: 256 Question 12 Marks: 1 Which ASX Corporate Governance recommendation was revised in 2019 to allow for more gender diversity on the board of directors? Answer Options You answered A. The correct answer is A USER SELECTION CORRECT ANSWER Recommendation 1.5. Recommendation 1.6. Recommendation 1.7. Recommendation 2.1. Answer Explanation A is correct. Module: 4 > Part: A > 4.2 Diversity - fairness and performance > Page: 217 Question 13 Marks: 1 Which one of the following theories can be explained as a social contract between the organisation and the society in which it operates? Answer Options You answered A. The correct answer is A USER SELECTION CORRECT ANSWER Legitimacy theory.

Institutional theory. Managerial stakeholder theory. Normative stakeholder theory. Answer Explanation A is correct. Module: 5 > Part: C > 5.15 Organisational legitimacy > The social contract > Page: 315 Question 14 Marks: 0 Which one of the following terms was defined by Standards Australia in 2004 as, ‘the culture, processes and structures which come together to optimise the management of potential opportunities and adverse effects’? Answer Options You answered A. The correct answer is B USER SELECTION CORRECT ANSWER Risk assessment. Risk management. Modern management. Corporate governance. Answer Explanation B is correct. Module: 4 > Part: A > 4.3 Improving corporate governance > Risk management > Page: 229 Question 15 Marks: 1 What role does AUSTRAC play in the market? Answer Options You answered D. The correct answer is D USER SELECTION

CORRECT ANSWER AUSTRAC Coordinates the activities of RBA, ASIC, APRAand Treasury. AUSTRAC is responsible for the oversight of tradingmarkets in Australia. AUSTRAC administers listing rules and monitors behaviour of market participants. AUSTRAC gathers informationand market intelligence from a range of sources in order to prevent money laundering and the funding of terrorist activities. Answer Explanation D is correct. A is council of financial regulators, B is ASIC and C is the ASX. Module: 4 > Part: C > 4.8 Role of markets > The role of market regulators > Page: 266 Question 16 Marks: 0 Which one of the following organisations sets standards for disclosure as they relate to environmental issues? Answer Options You answered D. The correct answer is A USER SELECTION CORRECT ANSWER Climate Disclosure Standards Board. Financial Accounting Standards Board. International Accounting Standards Board. International Integrated Reporting Council. Answer Explanation A is correct. Module: 5 > Part: E > 5.25 Guidelines and non-mandatory reporting > Table 5.4 > Page: 336-337 Question 17 Marks: 1 Which one of the following leads to automatic disqualification of a director from a managing corporation?

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Answer Options You answered A. The correct answer is A USER SELECTION CORRECT ANSWER Bankruptcy Civil and criminal wrongs. Misbehaviour of a director. Poorly performing behaviour. Answer Explanation A is correct. All others would be defined by the circumstances. Module: 4 > Part: A > 4.1 Mitigating the risk of financial failure > Selection, monitoring, evaluation and cessation of board appointments > Page: 215 Question 18 Marks: 1 The letters CSR stands for what? Answer Options You answered D. The correct answer is D USER SELECTION CORRECT ANSWER Corporate societal responsibility. Community social responsibility. Corporate social reliability. Corporate social responsibility. Answer Explanation D is correct. Module: 5 > Corporate Accountability > Preview > Page: 293

Question 19 Marks: 1 Which one of the following is ban economic reporting measure? Answer Options You answered D. The correct answer is D USER SELECTION CORRECT ANSWER Market share. Turnover rates. Customer satisfaction. Labour practices and workplace. Answer Explanation D is correct. Module: 5 > Part: D > 5.23 What is measurable? > Economic reporting > Page: 328 Question 20 Marks: 0 How many elements are found in the Conceptual Framework? Answer Options You answered C. The correct answer is B USER SELECTION CORRECT ANSWER 4 5 6 7 Answer Explanation B is correct. There are five elements - assets, liabilities, equity, income and expenses

Module: 5 > Part: A > 5.2 Elements of financial reporting > Page: 294 Question 21 Marks: 0 Which one of the following are fundamental qualitative characteristics of financial reporting according to paragraphs 5.12 – 5.25 of the Conceptual Framework? Answer Options You answered C. The correct answer is A USER SELECTION CORRECT ANSWER Relevance and faithful representation. Timeliness and faithful representation. Reliability and faithful representation. Relevance and precise measurement. Answer Explanation A is correct. For all five elements of financial accounting, both relevance and faithful representation are key considerations as they are considered as fundamental qualitative characteristics of financial reporting. Module: 5 > Part: A > 5.4 Relevance and faithful representation > Page: 296 Question 22 Marks: 0 There are two sports shops a block apart, they agree to price many of their sporting goods at the same or similar amount to keep the customers they already have. What anti-competitive behaviour is being described in this scenario? Answer Options You answered B. The correct answer is C USER SELECTION CORRECT ANSWER Output Restrictions. Bid-Rigging Price-Fixing

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Exclusive dealing. Answer Explanation C is correct. Price-fixing is where competitors collude to create common prices. Module: 4 > Part: B > 4.7 Protecting the goods and services market > Regulating anti-competitive behaviour > Page: 254 Question 23 Marks: 0 Which one of the following approaches is being used if all directors of the board are placed up for election each year? Answer Options You answered D. The correct answer is C USER SELECTION CORRECT ANSWER Staggered approach. Departures approach. Destaggered approach. Two-Strikes Rule approach. Answer Explanation C is correct. Module: 4 > Part: A > 4.1 Mitigating the risk of financial failure > Selection, monitoring, evaluation and cessation of board appointments > Page: 211 Question 24 Marks: 0 According to the NGER Act what is the reporting threshold for a facility in the 2010-2011 year? Answer Options You answered B. The correct answer is A USER SELECTION CORRECT ANSWER

25 kilotonnes (kt) of greenhouse gas emissions. 50kt of greenhouse gas emissions (CO2 equivalent). 87.5kt of greenhouse gas emissions (CO2 equivalent). 125kt of greenhouse gas emissions (CO2 equivalent). Answer Explanation A is correct. Module: 5 > Part: E > 5.24 What is required? (mandatory reporting) > National Greenhouse and Energy Reporting Act > Table 5.3 > Page: 333 Question 25 Marks: 0 Which one of the following was one of the major contributing factors to the GFC? Answer Options You answered B. The correct answer is A USER SELECTION CORRECT ANSWER High leverage. Focus on short-term results. The externalities caused by reporting entities. Ignoring the organisation's impacts on social, environmental and sustainability issues. Answer Explanation A is correct. There was general agreement that the 5 major factors that contributed to the GFC included high leveraging. Module: 5 > Part: B > 5.7 Global financial crisis > Page: 298 Question 26 Marks: 0 Which one of the following was established was in 2015 by the G20’s Financial Stability Board (FSB) to help companies understand the investors’ needs related to their climate-related financial risk? Answer Options You answered D. The correct answer is C

USER SELECTION CORRECT ANSWER Australian Sustainable Finance Initiative. National Employment Law Project (NELP). Task Force on Climate related Financial Disclosures (TCFD). World Business Council for Sustainable Development (WBCSD). Answer Explanation C is correct. Module: 5 > Part: B > 5.8 Incentives tying sustainability issues to maximising the value of the organisation and shareholder wealth > Risk management incentives > Page: 301 Question 27 Marks: 1 According to Goya 2012, which one of the following Countries has the greatest wage gap between CEOs and entry-level graduates? Answer Options You answered A. The correct answer is A USER SELECTION CORRECT ANSWER India China Canada Australia Answer Explanation A is correct. Module: 4 > Part: A > 4.2 Diversity - fairness and performance > Executive remuneration and performance > Table 4.1 > Page: 220 Question 28 Marks: 1 Which one of the following options make up the pillars of sustainability?

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Answer Options You answered A. The correct answer is A USER SELECTION CORRECT ANSWER Environmental, social and economic. Environmental, social and accountability. Environmental, accountability, social and economic. Environmental, organisational, social and economic. Answer Explanation A is correct. Module: 5 > Part: D > 5.20 Linking environmental, economic and social sustainability > Figure 5.3 > Page: 322 Question 29 Marks: 0 Which one of the following investments focuses on placing capital to actively create a social or environmental benefit? Answer Options You answered C. The correct answer is A USER SELECTION CORRECT ANSWER Impact investment. Thematic investment. Sustainable investment. Responsible investment. Answer Explanation A is correct. Module: 5 > Part: B > 5.9 Socially responsible investments > Thematic investment > Page: 303-304

Question 30 Marks: 0 The following are forms of which one of the following? Artificial prices, artificial trading volumes, provision of false or misleading information including through disclosure that is incomplete or false transactions including through persuading others to buy or sell as a result of misinformation. Answer Options You answered D. The correct answer is B USER SELECTION CORRECT ANSWER Exclusive dealing. Market Manipulation. Third-line forcing. Insider trading. Answer Explanation B is correct. Market manipulation can arise in many forms given in the question are some general forms.

EGFAR2

Related Documents