Which of the following is true regarding activities of the Public Company Accounting Oversight Board?

Which of the following is true regarding activities of the Public Company Accounting Oversight Board? 

A.	The Board ensures that auditors and public accounting firms compile accurate and truthful financial reports for the companies they audit, but it has no responsibility in regard to whistle-blowing protection.

B.	The Board requires that companies devise a system that allows employees to report suspicions of unethical behavior, but it does not address financial reports prepared by auditors and public accounting firms.

C.	The Board requires that the universalization test be used as the primary ethical guideline and also mandates protection for whistle-blowers who report suspicious activity involving financial reports.

D.	The Board ensure that auditors and public accounting firms compile accurate and truthful financial reports for the companies they audit and also requires that companies devise a system that allows employees to report suspicions of unethical behavior.

E.	The Public Company Accounting Oversight Board was abolished during the Obama administration and no longer exists.

According to the text, which of the following may be a part of the "how" in the WPH process of decision making? 

A.	Public disclosure, universalization, security, and the Golden Rule

B.	Values, public disclosure, and security

C.	Profit maximization, security, and public disclosure

D.	Whistle-blowing, the Golden Rule, values, and public disclosure

E.	Public disclosure, universalization, and the Golden Rule

The "public disclosure" test for ethical behavior is sometimes referred to as the ______ test. 

A.	Television

B.

Powell

C.	Self-conscious

D.

Golden

E.

Primary

The ______ for ethical behavior seeks consideration of what the world would be like if a decision is copied by everyone else. 

A.	Golden rule

B.	Universalization test

C.	Public disclosure

D.	Relevant disclosure

E.	World rule

Which of the following is true regarding steps taken by news corporations to protect confidential records? 

A.	News corporations are putting numerous security barriers and encryptions around their records so that nobody can gain access to them.

B.	News corporations are attempting to protect information written by their own employees, but efforts are not made to protect confidential sources because constitutional protection does not extend to confidential sources.

C.	News corporations are not bothering with security barriers to the extent as in previous decades because government regulation requires that information be turned over, and there is no point in taking drastic measures to protect such information.

D.	New regulations make significant privacy barriers illegal in regard to news corporations, so many barriers have been or are being removed.

E.	Because of the respect given to confidential records by the U.S. government and its enforcement agencies, news corporations see little need to enhance protection of confidential records.