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1 6 . The Federal Sentencing Guidelines for Organizations: A. holds organization

ID: 3125732 • Letter: 1

Question

16. The Federal Sentencing Guidelines for Organizations:

A.

holds organizations liable only for fraudulent activities in foreign markets.

B.

holds businesses liable for the criminal acts of their employees and agents.

C.

decreases the cost of unethical behavior.

D.

covers very few business crimes.

A.

there was aggressive lending to subprime borrowers in a deregulated environment.

B.

the Public Company Accounting Oversight Board (PCAOB) was disbanded, allowing auditors to work unregulated.

C.

the assets of American companies overseas were seized by the Federal Sentencing Guidelines for Organizations.

D.

all publicly traded firms only used the services of auditors affiliated with the PCAOB.

18. The _____ is a government agency established to prevent banks from failing and otherwise threatening the stability of the U.S. economy.

A.

Commodity Futures Trading Commission

B.

Financial Stability Oversight Council

C.

Consumer Financial Protection Bureau

D.

Ethics Resource Center

A.

whom the whistle-blower chooses to inform.

B.

the motivation of the whistle-blower.

C.

the type of organizational misconduct.

D.

the nationality of the whistle-blower.

A.

They are universally lauded for their decision to speak out.

B.

They are individuals who typically have low levels of integrity.

C.

They seldom harm anybody with their decision to speak out.

D.

They are often criticized and considered troublemakers.

A.

holds organizations liable only for fraudulent activities in foreign markets.

B.

holds businesses liable for the criminal acts of their employees and agents.

C.

decreases the cost of unethical behavior.

D.

covers very few business crimes.

Explanation / Answer

16. ANSWER:

17. ANSWER: A. there was aggressive lending to subprime borrowers in a deregulated environment.

18. ANSWER: B. Financial Stability Oversight Council

19. ANSWER: C. the type of organizational misconduct.

20. ANSWER: D. They are often criticized and considered troublemakers.