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MCQOPTIONS
This section includes 255 Mcqs, each offering curated multiple-choice questions to sharpen your Life Sciences knowledge and support exam preparation. Choose a topic below to get started.
| 201. |
One classic example of whistle-blowing is the: |
| A. | Ford Pinto case. |
| B. | Lincoln case. |
| C. | Toyota case. |
| D. | none of the above. |
| Answer» B. Lincoln case. | |
| 202. |
Better access to certain markets, differentiation of products, and the sale of pollution-controltechnology are ways in which better environmental performance can: |
| A. | increase revenue |
| B. | increase costs |
| C. | decrease revenue |
| D. | decrease costs |
| Answer» B. increase costs | |
| 203. |
A high-commitment approach to environmental issues may include all of the following except: |
| A. | risk analysi |
| B. | stakeholder analysis |
| C. | green-washing |
| D. | strategic sustainability auditing |
| Answer» D. strategic sustainability auditing | |
| 204. |
The approach to formal corporate ethics initiatives focuses on meeting required behaviour norms or obeying the letter of the law |
| A. | Rule |
| B. | Compliance |
| C. | Principles |
| D. | Values |
| Answer» C. Principles | |
| 205. |
Disqualification of directors may result from breaches under the |
| A. | Health and Safety Act |
| B. | Financial Services Act |
| C. | Sale of Goods Act |
| D. | Companies Act |
| Answer» E. | |
| 206. |
Shareholders have the right to know all except: |
| A. | Information on the management of the corporation |
| B. | Trade secrets |
| C. | The companies financial position |
| D. | The companies general plans for the future. |
| Answer» C. The companies financial position | |
| 207. |
An example of a whistle blower whose actions were a form of internal government whistleblowing is: |
| A. | Sherron Watkins. |
| B. | Coleen Rowley. |
| C. | Cynthia Cooper. |
| D. | Lee Iacocca. |
| Answer» C. Cynthia Cooper. | |
| 208. |
Where an organization takes into account the effect its strategic decisions have on society, thisis known as: |
| A. | Corporate governance |
| B. | Business policy |
| C. | Business ethics |
| D. | Corporate social responsibility |
| Answer» E. | |
| 209. |
Inside traders ordinarily defend their actions by claiming that they don’t injure: |
| A. | their boss. |
| B. | their family. |
| C. | the government. |
| D. | any one. |
| Answer» E. | |
| 210. |
Most companies begin the process of establishing organizational ethics programs bydeveloping: |
| A. | ethics training programs. |
| B. | codes of conduct. |
| C. | ethics enforcement mechanisms. |
| D. | hidden agendas. |
| Answer» C. ethics enforcement mechanisms. | |
| 211. |
The that corporations must meet is “do no harm”. |
| A. | moral obligation |
| B. | moral minimum |
| C. | moral requirement |
| D. | moral duty |
| Answer» C. moral requirement | |
| 212. |
The OECD argues that corporate governance problems arise because: |
| A. | Ownership and control is separated |
| B. | Managers always act in their own self interest |
| C. | Profit maximization is the main objective of organizations |
| D. | Stakeholders have differing levels of power |
| Answer» B. Managers always act in their own self interest | |
| 213. |
There are conditions that, if satisfied, change the moral status of whistleblowing. |
| A. | three |
| B. | four |
| C. | five |
| D. | six |
| Answer» D. six | |
| 214. |
who formed the ICGN? |
| A. | European government |
| B. | US share holders |
| C. | Pension funds |
| D. | Stock markets |
| Answer» D. Stock markets | |
| 215. |
Which of the following is not one of the underlying principles of the corporate governancecombined code of practice? |
| A. | Accountability |
| B. | Openness |
| C. | Acceptability |
| D. | Integrity |
| Answer» D. Integrity | |
| 216. |
Worldwide, about percent of businesses in the private sector are small ormedium sized. |
| A. | 80 |
| B. | 85 |
| C. | 90 |
| D. | 99 |
| Answer» D. 99 | |
| 217. |
When a firm charges different prices to different groups of customers, it may be accused of: |
| A. | cultural relativism |
| B. | money laundering |
| C. | facilitating payments |
| D. | price discrimination |
| Answer» B. money laundering | |
| 218. |
The Sarbanes-Oxley Act was a direct response to which ethics scandals? |
| A. | Tyco |
| B. | WorldCom |
| C. | Enron |
| D. | None of the above. |
| Answer» D. None of the above. | |
| 219. |
Directors responsibilities are unlikely to include |
| A. | a duty to keep proper accounting records |
| B. | a fiduciary duty |
| C. | a duty to propose high dividends for shareholders |
| D. | a duty of care |
| Answer» D. a duty of care | |
| 220. |
The first step in the auditing process should be to secure the commitment of: |
| A. | employees. |
| B. | top executives and directors. |
| C. | stockholders. |
| D. | customers. |
| Answer» C. stockholders. | |
| 221. |
What is the purpose of a balanced scorecard? |
| A. | To measure contribution of people to business growth |
| B. | To combine a range of qualitative and quantitative indicators of performance |
| C. | To relate business performance to customer satisfaction |
| D. | All of the above |
| Answer» C. To relate business performance to customer satisfaction | |
| 222. |
A whistle-blower: |
| A. | doesn’t have to be a past or present member of the organization. |
| B. | doesn’t have to report activity that is illegal, immoral, or harmful. |
| C. | is any employer who spreads gossip. |
| D. | far from being disloyal, may be acting in the best interest of the organization. |
| Answer» D. far from being disloyal, may be acting in the best interest of the organization. | |
| 223. |
Directors’ responsibilities are unlikely to include. |
| A. | a fiduciary duty |
| B. | a duty to keep proper accounting records |
| C. | a duty to propose high dividends for shareholders |
| D. | a duty of care |
| Answer» D. a duty of care | |
| 224. |
The approach to formal corporate ethics initiatives is proactive and inspirational. |
| A. | Rule |
| B. | Compliance |
| C. | Principles |
| D. | Values |
| Answer» E. | |
| 225. |
The position is that a corporation can and should be evaluated not only in terms of its financial bottom line, but also in terms of its environmental bottom line and its social/ethical bottom line. |
| A. | Bottom line |
| B. | Double Bottom line |
| C. | Triple Bottom line |
| D. | Final line |
| Answer» C. Triple Bottom line | |
| 226. |
In a organization, decision making is delegated as far down the chain ofcommand as possible. |
| A. | Decentralized |
| B. | Creative |
| C. | Flexible |
| D. | Centralized |
| Answer» E. | |
| 227. |
Which of the following is NOT one of the primary elements of a strong organizationalcompliance program? |
| A. | A written code of conduct |
| B. | An ethics officer |
| C. | Significant financial expenditures |
| D. | A formal ethics training program |
| Answer» D. A formal ethics training program | |
| 228. |
A of an issue consists of weighing and balancing all of the competingdemands on a firm by each of those who have a claim on it. |
| A. | stakeholder analysi |
| B. | board of directors analysis |
| C. | corporation analysis |
| D. | management analysis |
| Answer» B. board of directors analysis | |
| 229. |
The system that is used by firms to control and direct their operations and the operations oftheir employees is called: |
| A. | Corporate Compliance. |
| B. | Corporate Governance. |
| C. | Corporate Control. |
| D. | Corporate Directive. |
| Answer» C. Corporate Control. | |
| 230. |
What is meant by the phrase 'teleological ethics'? |
| A. | Is used to judge is an action is right, fair and honest. |
| B. | An action can only be judged by its consequences |
| C. | Developing the individual personal characteristics |
| D. | The key purpose of ethics is to increase freedom. |
| Answer» C. Developing the individual personal characteristics | |
| 231. |
Political intrusion into business |
| A. | May be desirable in some circumstances |
| B. | Is anathema |
| C. | Politics should have no say in how business is conducted |
| D. | state legislation over-rides Federal Legislation |
| Answer» B. Is anathema | |
| 232. |
A director of a limited company may not be liable for wrongful trading if he or she |
| A. | increased the valuation of its inventories to cover any potential shortfall |
| B. | brought in some expected sales from next year in to the current year |
| C. | took every step to minimise the potential loss to creditors |
| D. | introduce into the balance sheet an asset based on a valuation of its brands sufficient to meet |
| Answer» D. introduce into the balance sheet an asset based on a valuation of its brands sufficient to meet | |
| 233. |
Managerial ethics can be characterised by all of the following levels except |
| A. | immoral management |
| B. | amoral management |
| C. | demoral management |
| D. | moral management |
| Answer» D. moral management | |
| 234. |
Which of the following would most effectively act as the primary objective of a businessorganisation? |
| A. | To make a profit |
| B. | To procure resources |
| C. | To communicate with shareholders |
| D. | To mediate between the organisation and the environment |
| Answer» B. To procure resources | |
| 235. |
A sets out the purpose and general direction for the organisation? |
| A. | Mission statement |
| B. | Purpose statement |
| C. | Vision |
| D. | Profit statement |
| Answer» B. Purpose statement | |
| 236. |
Which of the following is a problem presented by ethics audits? |
| A. | They may be used to reallocate resources. |
| B. | They identify practices that need improvement. |
| C. | Selecting auditors may be difficult. |
| D. | They may pinpoint problems with stakeholder relationships. |
| Answer» D. They may pinpoint problems with stakeholder relationships. | |
| 237. |
What, according to Adam Smith, is the best way to promote collective interest? |
| A. | Through government making decisions about what is in the public interest. |
| B. | Through everyone working together to support each other. |
| C. | Through everyone working on their own self interest |
| D. | Through individuals forgoing their personal interest for the good of the collective. |
| Answer» D. Through individuals forgoing their personal interest for the good of the collective. | |
| 238. |
One whistle blower the text mentions is Cynthia Cooper who was the vice president ofinternal audit at . |
| A. | Enron |
| B. | WorldCom |
| C. | Tyco |
| D. | none of the above |
| Answer» C. Tyco | |
| 239. |
Which of the following is associated with the classical view of social responsibility? |
| A. | economist Robert Reich |
| B. | concern for social welfare |
| C. | stockholder financial return |
| D. | voluntary activities |
| Answer» D. voluntary activities | |
| 240. |
During RNA synthesis, the DNA template sequence 5'Tp Ap Gp Cp 3' Would be transcribed to produce which of the following RNA sequence? |
| A. | 5'-Ap Tp Cp Gp-3' |
| B. | 5'-Gp Cp Up Ap-3' |
| C. | 5'-Gp Cp Tp Ap-3' |
| D. | 5'-Ap Up Cp Gp-3' |
| Answer» C. 5'-Gp Cp Tp Ap-3' | |
| 241. |
What modified base is at the 5' extremity of a capped eukaryotic m-RNA? |
| A. | 1-methyl-adenosine |
| B. | 2'-O-methyl-guanosine |
| C. | 7-methyl-guanosine |
| D. | 1-methyl-guanosine |
| Answer» D. 1-methyl-guanosine | |
| 242. |
Name the class of RNA which takes part in RNA Editing? |
| A. | snRNA |
| B. | tRNA |
| C. | gRNA |
| D. | SiRNA |
| Answer» D. SiRNA | |
| 243. |
What is the role of snoRNA in eukaryotes? |
| A. | Chemical modification |
| B. | RNA splicing |
| C. | Act as adaptor RNA |
| D. | Forms component of the ribosome |
| Answer» B. RNA splicing | |
| 244. |
Which of the following statement is Incorrect about SnRNA? |
| A. | It is small nuclear RNA |
| B. | It helps in RNA splicing |
| C. | It is also called snurps |
| D. | It functions in RNA editing |
| Answer» E. | |
| 245. |
WHAT_IS_THE_ROLE_OF_SNORNA_IN_EUKARYOTES??$ |
| A. | Chemical modification |
| B. | RNA splicing |
| C. | Act as adaptor RNA |
| D. | Forms component of the ribosome |
| Answer» B. RNA splicing | |
| 246. |
WHICH_OF_THE_FOLLOWING_STATEMENT_IS_INCORRECT_ABOUT_SNRNA??$ |
| A. | It is small nuclear RNA |
| B. | It helps in RNA splicing |
| C. | It is also called snurps |
| D. | It functions in RNA editing |
| Answer» E. | |
| 247. |
Name the class of RNA which takes part in RNA Editing?$ |
| A. | snRNA |
| B. | tRNA |
| C. | gRNA |
| D. | SiRNA |
| Answer» D. SiRNA | |
| 248. |
Which of the following rRNA molecules have peptidyl transferase activity in prokaryotes? |
| A. | 23S rRNA |
| B. | 28S rRNA |
| C. | 5S rRNA |
| D. | 18S rRNA |
| Answer» B. 28S rRNA | |
| 249. |
Name the RNA molecule which takes part in the formation of the ribosome? |
| A. | mRNA |
| B. | tRNA |
| C. | rRNA |
| D. | gRNA |
| Answer» D. gRNA | |
| 250. |
Name the secondary structure of tRNA? |
| A. | Cloverleaf |
| B. | L-shaped |
| C. | Duplex |
| D. | Triple Helix |
| Answer» B. L-shaped | |