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Business Ethics WGU-C717 Exam Questions and Answer 100% Verified

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Why Study Business Ethics? -Correct Answers -to help you do ethics and be ethical What are a company's core values? -Correct Answers -Beliefs and principles that provide the ultimate guide in its decision making In What Year did Congress pass the Sarbanes-Oxley Act -Correct Answers -2002 What is the Sarbanes-Oxley Act -Correct Answers -law to address the wave of corporate and accounting scandals Section 406 of the Sarbanes-Oxley Act -Correct Answers -Code of Ethics for Senior Financial Officers, requires corporations to have a code of ethics applicable to its principal financial officer and comptroller or principal accounting officer, or persons performing similar functions Code of Ethics (of the Sarbanes-Oxley Act) must include 3 standards: -Correct Answers -1. honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships 2. full, fair, accurate, timely, and understandable closure in the periodic reports required to be filled by the issuer; and 3. compliance with applicable governmental rules and regulations Core Values -Correct Answers -beliefs and principles that provide the ultimate guide in its decision making Business Ethics -Correct Answers -1. refers to those values, standards, and principles that operate within business 2. refers to an academic discipline that not only studies those standards, values, and principles, but also seeks to articulate and defend those that ought to or should operate in business The word ethics is derived from which greek word -Correct Answers -ethos, meaning customary or conventional What is the difference between ethos and ethics -Correct Answers -what IS valued and what OUGHT to be valued Philosophical Ethics -Correct Answers -distinguishes what people DO value from what people SHOULD value morality -Correct Answers -how each of us should live our lives virtues -Correct Answers -character traits Why is studying ethics relevant to Business? -Correct Answers -it is essential to living a responsible and meaningful life

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WGU- C717



Business Ethics WGU-C717 Exam Questions
and Answer 100% Verified 2025-2026
Why Study Business Ethics? -Correct Answers ✔-to help you do ethics and be
ethical


What are a company's core values? -Correct Answers ✔-Beliefs and principles that
provide the ultimate guide in its decision making


In What Year did Congress pass the Sarbanes-Oxley Act -Correct Answers ✔-2002


What is the Sarbanes-Oxley Act -Correct Answers ✔-law to address the wave of
corporate and accounting scandals


Section 406 of the Sarbanes-Oxley Act -Correct Answers ✔-Code of Ethics for
Senior Financial Officers, requires corporations to have a code of ethics applicable
to its principal financial officer and comptroller or principal accounting officer, or
persons performing similar functions


Code of Ethics (of the Sarbanes-Oxley Act) must include 3 standards: -Correct
Answers ✔-1. honest and ethical conduct, including the ethical handling of actual
or apparent conflicts of interest between personal and professional relationships
2. full, fair, accurate, timely, and understandable closure in the periodic reports
required to be filled by the issuer; and
3. compliance with applicable governmental rules and regulations




WGU- C717

, WGU- C717


Core Values -Correct Answers ✔-beliefs and principles that provide the ultimate
guide in its decision making


Business Ethics -Correct Answers ✔-1. refers to those values, standards, and
principles that operate within business
2. refers to an academic discipline that not only studies those standards, values, and
principles, but also seeks to articulate and defend those that ought to or should
operate in business


The word ethics is derived from which greek word -Correct Answers ✔-ethos,
meaning customary or conventional


What is the difference between ethos and ethics -Correct Answers ✔-what IS
valued and what OUGHT to be valued


Philosophical Ethics -Correct Answers ✔-distinguishes what people DO value
from what people SHOULD value


morality -Correct Answers ✔-how each of us should live our lives


virtues -Correct Answers ✔-character traits


Why is studying ethics relevant to Business? -Correct Answers ✔-it is essential to
living a responsible and meaningful life




WGU- C717

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