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BOMI - Ethics is Good Business Exam 2026 Questions and Answers 100% Pass Guaranteed

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BOMI - Ethics is Good Business Exam 2026 Questions and Answers 100% Pass Guaranteed

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BOMI- Budgeting And Accounting
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BOMI - Ethics is Good Business Exam
2026 Questions and Answers 100% Pass
Guaranteed

All of the following were major ethical dilemmas of the 1990s except:

a. unsafe work practices in third world countries.

b. increased corporate liability for personal damage.

c. financial mismanagement and fraud.

d. employee militancy. - Correct answer-employee militancy

All of the following are major ethical dilemmas of the 2000s except:

a. cybercrime.

b. privacy issues/data mining.

c. deceptive advertising.

d. intellectual property theft. - Correct answer-deceptive advertising




©COPYRIGHT 2025, ALL RIGHTS RESERVE 1

,In response to ethical breaches by organizations, the U.S. federal government in

1991 added a chapter to the:

a. Legal Code of Business Ethics.

b. Corporate Interest in Ethics Guidelines.

c. Federal Sentencing Guidelines.

d. U.S. Code of Ethics for Government Service. - Correct answer-Federal

Sentencing Guidelines

All of the following are potential outcomes of unethical business decisions except:

a. bad public relations.

b. increased corporate transparency.

c. increased government scrutiny.

d. public reluctance to use a company's products or services. - Correct answer-

increased corporate transparency

By valuing ethics, an organization promotes and rewards all of the following

except:

a. honesty.

b. punctuality.

©COPYRIGHT 2025, ALL RIGHTS RESERVE 2

, c. fairness

d. integrity. - Correct answer-punctuality

(True/ False) The role of civil rights in the workplace was a major ethical dilemma

faced in the 1960s. - Correct answer-True

(True/ False) Research, newspaper, and magazine articles have suggested that an

organization's bottom line is strengthened when the business acts in an ethical,

legal, and socially responsible manner. - Correct answer-True

(True/ False) Boards of directors and managers are not expected to take

responsibility for overseeing and managing compliance and ethics programs. -

Correct answer-False

(True/ False) Federal guidelines are the only reason that an organization needs to

consider its ethical practices. - Correct answer-False

(True/ False) According to the National Business Ethics Survey, ethical problems

have been basically eradicated from the workplace by the 1991 Federal Sentencing

Guidelines. - Correct answer-False

The foundation of the Western ethical tradition is the:

a. Torah.

b. New Testament.
©COPYRIGHT 2025, ALL RIGHTS RESERVE 3

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