a culture of greed or ethical indifference within an organization.
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a culture of greed or ethical indifference within an organization.
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- Explain how “groupthink” might lead a person to ignore moral and ethical duty in an organization.Why might a moral person who is not viewed as a moral manager fail to establish an ethical culture in an organization?How do the concepts of cognitive dissonance and organizational/ethical dissonance relate to whether an accountant might choose to blow the whistle on corporate wrongdoing?
- Under the current system, the risk of engaging in criminal behaviours is evaluated by corporate managers who have very little to lose". Is this statement accurate or inaccurate? (Explain why or why not sufficiently)Which of the following is not a measure to safeguard or offset the threats to fundamental Principles? Professional disciplinary procedures Professional behaviour Professional standards Corporate governanceThe management fraud is committed by a top level management employee? Give an example of those top level employee that can be classified as management fraud?
- Unethical acts are generally committed by unethical people. What are some things companies can do to help ensure that their employees act ethically?Which is not an organization's response to risks? *a. An organization may accept the risk if it is prepared to absorb or mitigate the impact of the risk.b. An organization may take the risk but tries to lower the impact and possibility of occurrence of the risk.c. An organization may take the risk but not the returns that come with it.d. An organization may opt not to take the risk by avoiding the activity with associated risk.Which of the following is not part of the definition of internal control? a. Separation of duties b. Safeguard assets c. Encourage employees to follow company policies d. Promote operational efficiency
- Which of the following is not part of the definition of internal control? Separation of duties Safeguard assets Encourage employees to follow company policies Promote operational efficiency1. Cite specific examples of risk avoidance, Reduction, Transfer and Retention? 2. What is the significance of internal control in an organization? Cite an example of a company that failed due to IC deficiency?What measures can a management accountant take if existing written policies do not give adequate direction on how to deal with an ethical dilemma in their organization?