1. __________ is made up of individuals elected by a corporation's shareholders to oversee the management of the corporation*

A) Board of Director

B) Audit Committee

C) CEO

D) Investor

E) Auditor

2. Ethics which focus on controversial issues like war, animal rights and capital punishment and human rights, abortion, animal rights and nuclear war is*

A. Normative ethics

B. Moral ethics

C. Meta-ethics

D. Descriptive

3. ________ refers to set of guidelines which governs the society, government bodies, institution*

A. Law

B. Ethics

C. Moral ethics

D. Ethical standard

4. One of The following is unethical practices of the costing manager*

A. Reducing manufacturing costs by manipulating work hours

B. Accounting for man-hours lost due to strikes and absenteeism

C. Considering the work stoppages due to change in models

D. Taking into account the benefits of economies of sales and experience curve

5. No principle is universally applicable and so it would be inaccurate to measure the behavior of one society with another's principles or standards. This Ethical concept is*

A. Ethical relativism

B. Ethical subjectivism

C. Consequentialism

D. Deontological ethics

6. All are Main Elements of Business Ethics except*

A. Values

B. Rights

C. Duties

D. Stakeholders

7. Ethical principles which imposes an obligation on all professional accounts to be straight forward and honest in all professional and business relationships is*

A. Integrity

B. Objectivity

C. Professional competence and due care

D. Confidentiality

8. Among the following Managerial Roles in Corporate Governance, which one is not classified under interpersonal role?*

A. Figurehead

B. Monitor

C. Leadership

D. Liaison

9. The Principles of Corporate Governance that Ensuring that management and shareholder interests are kept in alignment; responsibility, ensuring corporate compliance with laws, regulations and society norms is*

A. Equality/Fairness

B. Accountability

C. Transparency

D. Responsibility

10. Ethical mode which is based on the hypothesis that everybody has some fundamental rights in this ethical universe is*

A. The Kantian Model

B. Golden Rule Model

C. Ethical model

D. Corporate governance model

E .Option 5

11. Business ethics theory which defined as "a generalized perception or assumption that the actions of an entity are desirable, proper, or appropriate with some socially constructed systems of norms, values, beliefs and definitions.*

A. Legitimacy theory

B. The stakeholder theory

C. Social Contract Theory

D. Stakeholder theory

E .Option 5

12. One of the following can be considered as a single most determinant sufficient to protect individuals and society from the consequences of unethical behavior*

A. Legality

B. Code of Ethics

C. Morality

D. Code of Conduct

13. One of the following not unethical issue you might face in the university as a student:*

A. Cheating in Exam

B. Harassment

C. Punctual

D. Filling Attendance for your classmate in case of his/her absence

14. An ethical principle which imposes an obligation not to compromise their professional judgment because of bias, conflict of interest or influence of others is*

A. Objectivity

B. Integrity

C. Professional competence

D. Confidentiality

E .Option 2

15. _____ Theory defines the relationship between the principals (such as share holders of the comp Agency theory any) and agents (such as Director of the company*

A. Agency Theory

B. Stakeholder Theory

C. Resource Dependency Theory

D. Stewardship Theory