Exam 2: Ethics & Governance Scandals

As a result of the spectacular stock market crash in 1929, the government implement the Securities Act of 1933, the Securities Act of 1934, as well as which of the following acts:

Which was the largest fraud or bankruptcy leading to the crisis of investor confidence in 2002?

The U.S.Internal Revenue Service (IRS)implemented Circular 230 to remedy problems found with regard to the marketing of tax shelters thought to:

Which of the following is not a sign of an ethical collapse within an organization, according to Marianne Jennings?

Due diligence programs developed to reduce penalties levied under the U.S.Federal Sentencing Guidelines for environmental harm did not include:

The crisis in investor confidence in 2002 was caused by:

Why didn't investors caught in the Subprime Lending Crisis take earlier note of the risks inherent in investments known as collateralized debt as obligations (CDOs)?

In 1984, Edward Freemen published an article on stakeholder theory.Which of the following is not true?

The Dodd-Frank Wall Street Reform and Consumer Protection Act was created after the Subprime Lending fiasco to protect consumers from deceptive practices related to:

Which of the following is not covered under the Sarbanes-Oxley Act of 2002 (SOX)?

Which of the following demonstrated extraordinary hubris?

Which of the following financial crises or fiascos were not related to the Subprime Lending Crisis?

Freddie Mac and Fannie Mae:

The overall requirement of the Internal Revenue Service Circular 230 is to ensure that tax professionals:

A collateralized debt obligation (CDO):

Ralph Nadar contributed to the lack of credibility of corporations by exposing their:

The U.S.Government created the Trouped Asset Relief Program (TARP)to:

SOX contained sections with regard to the audit and/or audit committee that were designed to:

A Ponzi scheme, such as Bernie Madoff ran, is:

The U.S.Federal Sentencing Guidelines were introduced in 1991 to: