2nd 9 weeks review

Question 1

Which of the terms is defined as an organization’s financial statement containing untrue data which is used to mislead?

Accepted Answer

False financial statements

Question 2

1.How many alternative solutions should be listed when making an ethical decision?

Accepted Answer

3

Question 3

The Sherman Antitrust Act of 1890 did which of the following?

Accepted Answer

Allowed the government to break up companies with control of a market

Question 4

Which of the following is the process of issuing loans in small amounts?

Accepted Answer

Microlending

Question 5

Words symbols names or devices used to specify goods and differentiate goods from others is defining ?

Accepted Answer

Trademarks

Question 6

A set of written standards issued by an organization to assist its employees

Accepted Answer

Code of Ethics

Question 7

Which of the following governs the sale of goods?

Accepted Answer

Uniform Commercial Code

Question 8

Which of the following steps in the ethical decision-making process involves devising an accurate problem definition?

Accepted Answer

Defining the problem

Question 9

Sales taxes are added to the price of goods and services at the time of purchase

Accepted Answer

True

Question 10

Which of the following determines the size and rate of growth of the money supply?

Accepted Answer

Monetary policy

Question 11

What are the three branches of government in the united states?

Accepted Answer

C. Executive, legislative and judicial

Question 12

Which of the following is NOT a type of business ownership?

Accepted Answer

Entrepreneurship

Question 13

1.Which of the following is incorrect when making an ethical decision?

Accepted Answer

Irrelevant/unimportant info should be included when defining a problem.

Question 14

Which term is defined as “duties and obligations of businesses which contribute to the well-being of society

Accepted Answer

Business social responsibility

Question 15

Which of the following terms is defined as conduct in accordance with what a person determines is right versus wrong?

Accepted Answer

Moral Behavior

Question 16

Which one occurs when one party intentionally or unintentionally does not fulfill their contractual obligations?

Accepted Answer

Breach of Contract

Question 17

Which of the following are the unique names which identify internet sites and businesses

Accepted Answer

Domain name

Question 18

This type of business operates as a separate legal entity

Accepted Answer

Corporation

Question 19

Which of the following types of choices are made based on moral principles and values?

Accepted Answer

Ethical choices

Question 20

A set of standards of conducts which guide decisions and actions based on duties derived from core values is called?

Accepted Answer

Ethics

Questions 20