Question 1

As a result of the spectacular stock market crash in 1929, the government enacted the Securities Act of 1933 , the Securities Act of 1934 , and:

Accepted Answer

A) The Glass-Steagall Act . 
B) The Investment Advisers Act . 
C) The Gramm-Leach-Bliley Act . 
D) All of the above 
E) Only a and b 
A) The Glass-Steagall Act . 
B) The Investment Advisers Act . 
C) The Gramm-Leach-Bliley Act . 
D) All of the above 
E) Only a and b

Question 2

Which of the following financial crises or fiascos were not related to the subprime lending crisis?

Accepted Answer

A) Bear Stearns 
B) Lehman Brothers 
C) Bernie Madoff 
D) AIG 
E) Galleon Group 
A) Bear Stearns 
B) Lehman Brothers 
C) Bernie Madoff 
D) AIG 
E) Galleon Group

Question 3

Freddie Mac and Fannie Mae:

Accepted Answer

A) were created to support the U.S. housing market. 
B) stimulated the U.S. housing bubble. 
C) provided bailout funds to the U.S. government. 
D) acted in the best interests of consumers. 
E) acted in the best interests of lenders. 
A) were created to support the U.S. housing market. 
B) stimulated the U.S. housing bubble. 
C) provided bailout funds to the U.S. government. 
D) acted in the best interests of consumers. 
E) acted in the best interests of lenders.

Question 4

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

Accepted Answer

A) The responsibilities of shareholders 
B) The responsibilities of the board of directors 
C) The responsibilities of management 
D) The responsibilities of auditors 
E) Conflicts of interest 
A) The responsibilities of shareholders 
B) The responsibilities of the board of directors 
C) The responsibilities of management 
D) The responsibilities of auditors 
E) Conflicts of interest

Question 5

A collateralized debt obligation (CDO):

Accepted Answer

A) is an insurance policy that any investor can purchase. 
B) is a bond that is secured by a portfolio of mortgages. 
C) protects an investor in the event that the issuer of the mortgage defaults on the contract. 
D) acts as a hedge against changes in interest rates. 
E) was outlawed with the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act . 
A) is an insurance policy that any investor can purchase. 
B) is a bond that is secured by a portfolio of mortgages. 
C) protects an investor in the event that the issuer of the mortgage defaults on the contract. 
D) acts as a hedge against changes in interest rates. 
E) was outlawed with the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act .

As a result of the spectacular stock market crash in 1929, the government enacted the Securities Act of 1933 , the Securities Act of 1934 , and:

Which of the following financial crises or fiascos were not related to the subprime lending crisis?

Freddie Mac and Fannie Mae:

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

A collateralized debt obligation (CDO):

Ethics Expectations

Ethical Behaviorphilosophers Contributions

Practical Ethical Decision Making

Corporate Ethical Governance Accountability

Professional Accounting in the Public Interest

Managing Ethics Risks Opportunities

Subprime Lending Fiascoethics Issues

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Exam 2: Ethics Governance Scandals

As a result of the spectacular stock market crash in 1929, the government enacted the Securities Act of 1933 , the Securities Act of 1934 , and:

Which of the following financial crises or fiascos were not related to the subprime lending crisis?

Freddie Mac and Fannie Mae:

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

A collateralized debt obligation (CDO):

Ethics Expectations

Ethical Behaviorphilosophers Contributions

Practical Ethical Decision Making

Corporate Ethical Governance Accountability

Professional Accounting in the Public Interest

Managing Ethics Risks Opportunities

Subprime Lending Fiascoethics Issues

Filters