DSST Business Ethics Practice Questions - DSST Business Ethics and Society Exam - DSST Business Ethics Practice Questions

Question 1

Which statement best captures the role of the profit motive in business ethics?

Profit makes ethical analysis unnecessary. Profit seeking is legitimate, but it must be constrained by law, rights, and duties to stakeholders. Profit is always unethical in competitive markets. Business ethics applies only to nonprofit organizations.

Correct Answer:

Profit seeking is legitimate, but it must be constrained by law, rights, and duties to stakeholders.

Question 2

A board learns that managers overrode accounting controls to inflate quarterly results. Which response most directly strengthens ethical oversight?

Move the same managers to a different division. Create a slogan about integrity for the annual report. Empower an independent audit committee and require stronger internal reporting controls. Delay all financial reporting until the next fiscal year.

Correct Answer:

Empower an independent audit committee and require stronger internal reporting controls.

Question 3

A sales team records revenue for goods that have not shipped and for contracts customers may cancel without penalty. What is the main ethical problem?

The company is misrepresenting its financial performance to users of the statements. The company is using a conservative accounting policy. The company is disclosing too much information to competitors. The company is lowering short-term reported earnings.

Correct Answer:

The company is misrepresenting its financial performance to users of the statements.

Question 4

A product director buys shares after learning confidentially that the company will announce a major acquisition next week. Which concept is most directly implicated?

Cause-related marketing Social entrepreneurship Ordinary diversification Insider trading based on material nonpublic information

Correct Answer:

Insider trading based on material nonpublic information

Question 5

Which action best demonstrates ethical leadership in an organization?

Rewarding employees who raise credible concerns before harm occurs. Punishing every employee who reports bad news. Setting impossible targets and letting employees choose how to meet them. Treating ethics as the legal department's responsibility only.

Correct Answer:

Rewarding employees who raise credible concerns before harm occurs.

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About this Exam

Prepare with the DSST Business Ethics Practice Questions - DSST Business Ethics and Society Exam practice quiz. This question bank includes 100 questions covering ethical, company, business, directly, and product. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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DSST Business Ethics Practice Questions - DSST Business Ethics and Society Exam

This practice set contains 100 questions from the matching question bank and focuses on ethical, company, business, directly, and product. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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DSST Business Ethics Practice Questions - DSST Business Ethics and Society Exam

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