CQIB Mock Exam Questions
Study online at
https://quizlet.com/_blngu0
1.Which of the following is accurate regarding fiscal policy?:
Government spending and taxation that influences the economy.
2.Who runs Superannuation funds?: Trustees
3.Which form of debt is a popular funding option due to taxation benefits
that may be available for borrowers?: Equipment leasing
4.Which of the following roles do banks play in society and the economy
as a whole?: Facilitate the creation of money, act as a financial
intermediary and contribute to the economy's development
5.Which one of the following is accurate in relation to Australian
banking history?: Prior to 1910, banks could issue their own private
bank notes.
6.How often is the Consumer Price Index calculated?: Quarterly
7.Which of the following is true regarding banks?: They are highly
leveraged
8.How would you describe government securities and semi-government
se- curities?: High Quality Liquid Assets
9.How would a deontologist view justify killing a person about to commit a
terrorist act if it meant saving the lives of many others?: It would not be
justified at it is wrong to kill.
10.Which of the following would be considered a benefit of virtue ethics?:
It provides flexibility because there are no universal 'rules' to apply
when making a decision
11.A code of practice which is designed to prevent unprofessional conduct
by focusing on high-level concepts such as fairness, rather than
compliance with detailed rules refers to what type of approach?: Principles
based
12.Which of the following is true in relation to the FINSIA Code of Conduct?-
: Respect' is one of the FINSIA's values
13. Which of the following is correct regarding a corporate code of
conduct?: It often contains a commitment associated with citizenship.
14.In respect to deontology which statement is correct?: People must do
the right thing, even if it does not result in a good outcome.
15.Which of the following is one of the basic rules Kant proposed as
being useful to a well-ordered society?: Deontology - You can not use
people as a means to an end
16.The action to step back and rethink or adjust your intended course of
action is part of which step in the Five Step Approach to Ethical
Dilemmas?-
: Discuss - Talk about your chosen action
1/
9
, CQIB Mock Exam Questions
Study online at
https://quizlet.com/_blngu0
17.When faced with moral dilemma,
you should choose the action that
max- imises good outcomes?: Consequentialism
2/
9
Study online at
https://quizlet.com/_blngu0
1.Which of the following is accurate regarding fiscal policy?:
Government spending and taxation that influences the economy.
2.Who runs Superannuation funds?: Trustees
3.Which form of debt is a popular funding option due to taxation benefits
that may be available for borrowers?: Equipment leasing
4.Which of the following roles do banks play in society and the economy
as a whole?: Facilitate the creation of money, act as a financial
intermediary and contribute to the economy's development
5.Which one of the following is accurate in relation to Australian
banking history?: Prior to 1910, banks could issue their own private
bank notes.
6.How often is the Consumer Price Index calculated?: Quarterly
7.Which of the following is true regarding banks?: They are highly
leveraged
8.How would you describe government securities and semi-government
se- curities?: High Quality Liquid Assets
9.How would a deontologist view justify killing a person about to commit a
terrorist act if it meant saving the lives of many others?: It would not be
justified at it is wrong to kill.
10.Which of the following would be considered a benefit of virtue ethics?:
It provides flexibility because there are no universal 'rules' to apply
when making a decision
11.A code of practice which is designed to prevent unprofessional conduct
by focusing on high-level concepts such as fairness, rather than
compliance with detailed rules refers to what type of approach?: Principles
based
12.Which of the following is true in relation to the FINSIA Code of Conduct?-
: Respect' is one of the FINSIA's values
13. Which of the following is correct regarding a corporate code of
conduct?: It often contains a commitment associated with citizenship.
14.In respect to deontology which statement is correct?: People must do
the right thing, even if it does not result in a good outcome.
15.Which of the following is one of the basic rules Kant proposed as
being useful to a well-ordered society?: Deontology - You can not use
people as a means to an end
16.The action to step back and rethink or adjust your intended course of
action is part of which step in the Five Step Approach to Ethical
Dilemmas?-
: Discuss - Talk about your chosen action
1/
9
, CQIB Mock Exam Questions
Study online at
https://quizlet.com/_blngu0
17.When faced with moral dilemma,
you should choose the action that
max- imises good outcomes?: Consequentialism
2/
9
