HIEU 201 CHAPTER 4 QUIZ
COMPREHENSIVE STUDY GUIDE 2026 FULL
QUESTIONS AND SOLUTIONS GRADED A+
◍ The socially optimal amount of pollution abatement occurs when society's
marginal.
Answer: benefit of abatement equals its marginal cost of abatement
◍ Ethical responsibility includes behaviors that are not necessarily codified
into law and may not serve the corporation's direct economic interests..
Answer: true
◍ Suppose that the Anytown city government.
Answer: Resources are currently under allocated to the provision of holiday
lighting in anytown.
◍ Robbie's Robots decided to continue operations at one plant while shutting
down another. The decision was justified on the basis of what was best for
the total corporation. This is an example of thea. utilitarian approach.b.
individualism approach.c. moral-justice approach.d. justice approach.e.
illegal approach..
Answer: utilitarian approach.
◍ One of the most pressing ethical dilemmas facing managers today is that of
competitive intelligence, which is increasingly gained through social media..
Answer: true
◍ Approximately 20 percent of American adults, according to your text, never
reach the postconventional level of moral development..
Answer: true
◍ The _____ leadership style matches with the preconventional level of
, personal moral developmenta. autocraticb. team orientedc. servant
leadershipd. guiding/encouraginge. transforming.
Answer: autocratic
◍ Before the Columbian Exchange, the potato was only available in the area
now known as:.
Answer: Peru
◍ Social responsibility is management's obligation to make choices and take
actions that will contribute to the welfare and interests of society as well as
the organization..
Answer: true
◍ An organization's decision to hire for an open position is in the: a. domain of
codified law. b. domain of free choice. c. domain of ethics. d. domain of
compensatory justice. e. domain of social responsibility..
Answer: domain of free choice.
◍ Most ethical dilemmas in business involve a conflict between stakeholders
and shareholders..
Answer: false
◍ HCPCS is a collection of codes that represent the following:.
Answer: procedures, supplies, products, and services
◍ The rules that govern coding in various health care settings are:.
Answer: variable
◍ When a competitive market achieves allocative efficiency, it implies that.
Answer: The combined consumer and producer surplus is maximized.
◍ K codes are used to identify:.
Answer: The use of durable medical equipment
◍ HCPCS stands for:.
Answer: Healthcare Common Procedure Coding System
◍ HCPCS codes that are used to identify services that would not be reported
with a CPT code, such as drugs, biologicals, and types of medical
COMPREHENSIVE STUDY GUIDE 2026 FULL
QUESTIONS AND SOLUTIONS GRADED A+
◍ The socially optimal amount of pollution abatement occurs when society's
marginal.
Answer: benefit of abatement equals its marginal cost of abatement
◍ Ethical responsibility includes behaviors that are not necessarily codified
into law and may not serve the corporation's direct economic interests..
Answer: true
◍ Suppose that the Anytown city government.
Answer: Resources are currently under allocated to the provision of holiday
lighting in anytown.
◍ Robbie's Robots decided to continue operations at one plant while shutting
down another. The decision was justified on the basis of what was best for
the total corporation. This is an example of thea. utilitarian approach.b.
individualism approach.c. moral-justice approach.d. justice approach.e.
illegal approach..
Answer: utilitarian approach.
◍ One of the most pressing ethical dilemmas facing managers today is that of
competitive intelligence, which is increasingly gained through social media..
Answer: true
◍ Approximately 20 percent of American adults, according to your text, never
reach the postconventional level of moral development..
Answer: true
◍ The _____ leadership style matches with the preconventional level of
, personal moral developmenta. autocraticb. team orientedc. servant
leadershipd. guiding/encouraginge. transforming.
Answer: autocratic
◍ Before the Columbian Exchange, the potato was only available in the area
now known as:.
Answer: Peru
◍ Social responsibility is management's obligation to make choices and take
actions that will contribute to the welfare and interests of society as well as
the organization..
Answer: true
◍ An organization's decision to hire for an open position is in the: a. domain of
codified law. b. domain of free choice. c. domain of ethics. d. domain of
compensatory justice. e. domain of social responsibility..
Answer: domain of free choice.
◍ Most ethical dilemmas in business involve a conflict between stakeholders
and shareholders..
Answer: false
◍ HCPCS is a collection of codes that represent the following:.
Answer: procedures, supplies, products, and services
◍ The rules that govern coding in various health care settings are:.
Answer: variable
◍ When a competitive market achieves allocative efficiency, it implies that.
Answer: The combined consumer and producer surplus is maximized.
◍ K codes are used to identify:.
Answer: The use of durable medical equipment
◍ HCPCS stands for:.
Answer: Healthcare Common Procedure Coding System
◍ HCPCS codes that are used to identify services that would not be reported
with a CPT code, such as drugs, biologicals, and types of medical
