Which of the following represents pressures to maintain the numbers as a sign that an organization has collapsed ethically?

Multiple Choice

• Directors have consulting contracts with the company they are directors for.
• Directors may not serve on more than one committee.
• Shifting of operating expenses to capitalized costs.
• The CEO hires only young managers fresh out of college.

To establish an ethical corporate culture, organizations does all of the following except

Multiple Choice

• enforce ethics policies fairly.
• develop an ethics training program.
• establish strong internal controls.
• establish a culture of do what I say, not what I do.

One of the contributions of the Treadway Commission Report and the work of the Committee of Sponsoring Organizations (COSO) was

Multiple Choice

• to establish a voluntary process for peer review.
• to identify red flags that might lead to fraud.
• to provide a framework for internal control.
• to establish peer review requirements for CPAs.