Quiz 4 (Class 8)

Question 1

What are the three sides of the fraud triangle?

Answer 1

Perceived pressure, perceived opportunity, rationalization

Question 2

Moral ledger

Answer 2

Compensating for immoral behavior by using good moral behavior as an excuse

Question 3

Psychological distance

Answer 3

Perceiving other people as being different from ourselves, or separating ourselves from an issue that “doesn’t concern us”

Question 4

How to recognize external and internal dangers? (3)

Answer 4

Awareness, constant vigilance, disciplined morality

Question 5

Key reasons to always be ethical

Answer 5

Personal harmony
The cost of doing unethical business
Ethical self defense
Sometimes you lose
Conviction not conversation

Question 6

Sacrificing personal values

Answer 6

The issue of having particular values that are not broadly shared by others in your organization and community

Question 7

Living true to your own beliefs might…

Answer 7

Impose a burden on others

Question 8

Conflicts between individual and organizational values are driven by…

Answer 8

The clash of cultures

Question 9

Pitfalls of sacrificing your personal values

Answer 9

Forgetting your family
Seeing only yourself

Question 10

Planning ahead sacrificing personal values

Answer 10

Investigate ahead of time
Explain what and why
Look to your boss for help
Seek other’s guidance