Possible Question Exam 1 1 1)Which of the following (according to Charles Fombrum) is not one of the four determinants that influence a company's reputation? a.Credibility. b.Reliability. c.Profitability. d.Responsibility. 2)The 5 E's of the accounting profession in Texas are Ethics, Enthusiasm, Education, Examination and Experience. a. True b. False 3)The P in CPA stands for Public? a. True b. False 4)The difference between what the public thinks it is getting in audited financial statements and what the public is actually getting is known as: 5)Which of the following is nota trend described in Chapter 1 as having an impact on the ethics of business?
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Possible Question Exam 1 2 6)Which corporate report discusses subjects that include environmental, health and safety, philanthropic and other social impacts? 7)The goal of the State Board of Public Accounting is to protect the public? a. True b. False 8)Professional Accountants, in their fiduciary role, owe their primary loyalty to: 9)A CPA license issued by the State of Texas is a form of a social contract between the CPA license holder and the public and the State of Texas. 10)Ethical corporate behaviour is expected to lead to: 11)A value that is almost universally respected by stakeholder groups is: a.Super norm b.Alfa norm c.Value norm d.Hypernorm e.General norm