PAPER 2026 QUESTIONS WITH ANSWERS
GRADED A+
◍ The profit-maximizing view of economic responsibility is advocated by: a.
Milton Friedman. b. Arthur Anderson. c. Donald Trump. d. Warren Buffett.
e. Steve Jobs..
Answer: Milton Friedman.
◍ A chief ethics officer is a company executive who oversees all aspects of
ethics and legal compliance.
Answer: true
◍ Subset HCPCS modifier indicating an "Opt out" physician providing
emergency service..
Answer: GJ
◍ Which of the following are renewable energy resources?.
Answer: (all of the above) hydropower, wind power, biomass power,
geothermal energy
◍ Caleb is a manager at Computer-Care Company. He is expected to consider
the effort of each decision alternative on all parties and select the one that
optimizes the satisfaction for the greatest number of people. This is an
example of the: a. utilitarian approach. b. individualism approach. c.
moral-justice approach. d. justice approach. e. soft-line managerial
approach..
Answer: utilitarian approach.
◍ In one study, organizational psychologist Adam Grant found that the single
biggest predictor of a team's effectiveness was incentives such as bonuses
and vacation time..
, Answer: false
◍ HCPCS stands for:.
Answer: Healthcare Common Procedure Coding System
◍ Approximately 20 percent of American adults, according to your text, never
reach the postconventional level of moral development..
Answer: true
◍ Items billed before a signed and dated order has been received by the
supplier must be submitted with this modifier..
Answer: EY
◍ K codes are used to identify:.
Answer: The use of durable medical equipment
◍ The rules that govern coding in various health care settings are:.
Answer: variable
◍ The I = PAT formula relates environmental impacts to:.
Answer: technological level, level of affluence, and population size
◍ Which of the following responsibilities is purely voluntary and is guided by
a company's desire to make social contributions not mandated by
economics, law, or ethics? a. Ethical b. Economic c. Legal d. Discretionary
e. Stakeholder.
Answer: Discretionary
◍ The majority of managers operate at the preconventional level of personal
moral development..
Answer: false
◍ Most ethical dilemmas in business involve a conflict between stakeholders
and shareholders..
Answer: false
◍ A recent poll found that over _____ percent of people surveyed say
corporate America's moral compass is pointing in the wrong direction. a. 10
b. 30 c. 50 d. 75 e. 95.