St. Joseph’s Institute of Technology
Department of CSE
GE6075 - Professional Ethics in Engineering
MCQ - Questions
1. Which of the virtue describes best the actions, character, traits and objects
of any one to be good or bad?
a) Morals
b) Values
c) Ethics
d) Integrity
2. Which of the virtue that refers to honesty and open mindedness either with
one selves or others?
a) Integrity
b) Courage
c) Ethics
d) Values
3. Which of the virtue mentions that Industry and Society are an interactive
system?
a) Ethics
b) Moral
c) Work Ethics
d) Values
4. X is a director of a Nationalized Bank in India; the bank has opened up few
posts for recruitment in one of their branches through lateral entry. X
recommends the name of his nephew to the selection board, the selection
board members all feel under pressure and influence of X because of his
status in the company. What of the following ethical issues pertain to X’s
behavior in the matter.
a) Conflict of Interest
b) Nepotism
c) Embezzlement
d) Conflict of Competence
5. One of the Ethical Standard is to:
a) Disrespect the work of Colleagues
b) Prefer complex and indirect speech expression
c) Satisfy writers need for expression instead of readers need for
information.
d) All of the above.
6. Which of the term refers to commitment?
a) Tendency to support and co operate with the
colleagues. b)co ordination with the co worker
c) Sharing of loyalty t/o the moral principles that are inherent in
the engineering practice.
d) paying respect to others property.
7. Which statement is/are true?
a) Ethics is not synonymous to religious morality or moral theology
b) Ethics is the principle that guide the human behaviour
c) The terms ethics and morality are not synonymous terms
d) All of the above
8. According to Kant what does respect for others means?
a) Kind of adjustments with co workers
b) Being honest to your co workers
c) learning from co workers.
d) Never treating people merely as things.
9. Which of the following refers to honesty in beliefs?
a) Act of not deceiving or not intentionally misleading others
b) Employee not interfere in the decision taken by the employer or the
client
c) Individual not stealing or manipulate accounts or get bribes.
d) Forming of one’s beliefs without self-deception.
10. Which of the following refers to honesty in discretion?
a) Act of not deceiving or not intentionally misleading others
b) Employee not interfere in the decision taken by the employer
or the client
c) Individual not stealing or manipulate accounts or get bribes.
d) Forming of one’s beliefs without self-deception.
11. Sometimes engineers may discuss some matters on technical aspects in
such a way to imply just knowledge and not to impress customer or
employer is referred as?
a) Dissemination of information
b) Confidentiality
c) Courage
d) Deliberate Deception.
12. Which of the qualities match with self- confident people?
1) Have a self assured bearing
2) Not being afraid to tell the truth
3) Get involved with new or Unpopular ideas
4) Easily giving others credit
a) 1,2
b)1,2,3
c) 3 alone
d) 1,2,4
13. Which of the following is the quality of person with courage?
1) Continue to run with his work or business even there are certain
disturbance
2) Discusses with others even when there is a problem.
3) Get involved with new or Unpopular ideas
4) Easily giving others credit.
a) 1 alone
b) 1,2
c) 1,2,3
d) all of the above
14. Which of the following factor does not relate to strategies for developing
self confidence?
a) Emphasize strength
b) Taking Risks
c) Self talk
d) Being not afraid to vulnerable.
15. Which of the following refers to honesty in Speech?
a) Act of not deceiving or not intentionally misleading others
b) Employee not interfere in the decision taken by the employer or
the client
c) Individual not stealing or manipulate accounts or get bribes.
d) Forming of one’s beliefs without self-deception.
16. Which among the following are principle concerns with ‘professional ethics’
1) To study ethical dilemmas in professions by application of moral theory
2) The study of unique moral obligations created by special social roles
3) The practice and consultancy of ethics by a trained professional ethicist
4) The ethical challenges of a professional lifestyle
a) 1 and 2
b) 2 and 3
c) 1, 2 and 3
d) 1, 2, 3 and 4
17. According to virtue theory, it is possible for more than one way of acting to
be right in the same set of conditions. This is called
a. Character motivation
b. Primacy of Character
c. Both a and b
d. neither a nor b
18. Which of the following is not one of the work related behaviours that
demonstrates a strong work ethic?
a. Get your projects completed promptly
b. Do not accept undesirable assignments.
c. Demonstrate competence
d. Assume personal responsibility for problems.
19. What does the importance of ethical behaviour, integrity and trust call into
question?
a. What we do next
b. Who does what
c. The extent to which managers should attempt to change the
underlying beliefs and values of individual followers.
d. none of the above
20. What is Empathy?
a. The ability to put yourself in someone else’s position and
understand what they are feeling.
b. When you feel sorry for someone else’s hardships.
c. The ability to know what someone else is thinking.
d. None of the options are correct.
21. How service learning helps an individuals.
a. To interact ethically with colleagues.
b. To effectively coordinate with other departments.
c. To effectively ideal with the customers.
d. All the above options
22. Sharing is a process that describes the
a. Transfer of Knowledge
b. Experience
c. Both a and b
d. None of the above
23. In the current scenario, caring for the environment has become a
a. Necessity for our survival otherwise the environment will
scare us.
b. Not necessity for our survival
c. To effectively coordinate with other departments
d. The ability to know what someone else is thinking
24. Courage is the tendency to accept
a. reasonable and objectable compromises.
b. risks and difficult tasks in rational ways.
c. one knows is the right thing to do.
d. honesty requires of engineers in particular situations.
25. The set-backs against successful cooperation are:
a. Conflicts of individual egos.
b. Difference of opinion and interests based on region, religion,
community and language.
c. Both a and b
d. Neither a nor b
26. The factors which contribute for the effective development of self confidence.
a. Self evaluation of one‘s strength and weakness which can be
anticipated and mentally prepared to accept and face the results
of action.
b. Getting trained to evaluate risks and face them confidentially.
c. Study the life-style and achievements of leaders and innovators.
d. All the above options
27. Spirituality in a broad sense refers it is a way of living that emphasizes
a. The constant awareness and recognition of the spiritual
dimension
b. The expression of the personality of a human being
c. Getting trained to evaluate risks and face them confidentially.
d. Our survival otherwise the environment will scare us.
28. Purpose of yoga is liberation of the soul which is attained by
a. The attachment with material enjoyments should be neutralized
and full satisfaction should be achieved.
b. The impressions of sins should be obliterated.
c. None of the above
d. Both a and b.
29. Milton Friedman stated his belief that 'there is only one social
responsibility' for a company to use its resources to
a. give as much to charitable causes as possible
b. ensure employment
c. provide good facilities for workers
d. increase profits so long as it stays within the rules of the
game
30. The common reflections of honesty are:
a. Honesty in acts
b. Honesty in speech
c. Honesty in Discretion
d. All the above
31. How does the individual come to be able to make moral decisions?
1) By understanding his motives
2) By understanding the consequences of his actions
3) By being deterred and frightened of the penalties incurred on him
for his action
4) By understanding the means adopted to execute action
a) 1,2 and 3
b) 1,3 and 4
c) 1,2,3 and 4
d) 1, 2 and 4
32. Which of the following statements are true about Engineering Ethics?
1) Engineering Ethics is an area of practical or applied ethics
2) The aim of Engineering Ethics is to illuminate the
ethical dimensions of engineering practice
3) Engineering Ethics is constituted of an eclectic contribution of all
schools of ethics
4) Professional Engineering Societies are a major source of codes
for engineering ethics.
Which of the following is correct?
a) Only 2
b) 1 and 3
c) 1, 3 and 4
d) 1, 2, 3 and 4
33. Which among the following are principle concerns with ‘professional ethics’
1) To study ethical dilemmas in professions by application of moral
theory
2) The study of unique moral obligations created by special social
roles
3) The practice and consultancy of ethics by a trained professional
ethicist
4) The ethical challenges of a professional lifestyle
Which of the following are correct?
a) 1 and 2
b) 2 and 3
c) 1, 2 and 3
d) 1, 2, 3 and 4
34. Which of the following are true?
1) Ethical dilemmas arise when it is thought that serious good and
bad are bound together in the same activity
2) Ethics uses the instrument of coercion to oblige its subjects
3) Ethical behavior is dependent on the conditions and circumstances
under which an action/event takes place
4) Codes of Conduct form a part of ethical training
a) 1 and 3
b) 1, 3 and 4
c) 1,2 and 3
d) 2, 3 and 4
35. Which of the following is the most appropriate definition of “practice” vis a
vis professional ethics?
a) “practice” is a cooperative arrangement to pursue the goods
that are internal to a structured communal life
b) “practice” is an endeavor to achieve excellence by incessant
repetition
c) “practice” is the application of knowledge into real time problems
d) “practice” is symbolic of the humble admission that humans
can never know and learn enough
36. Which of the following is an appropriate general principle with regard for
‘Engineering Ethics’.
a) The Engineer shall regard his duty to the public welfare as
paramount to all other obligations.
b) The Engineer shall regard his duty to the objectives of the company
as paramount to all other obligations
c) The Engineer shall regard his duty to the profession of
engineering as paramount to other obligations
d) The Engineer shall regard his duty to his excellence as
paramount to other obligations
37. Which of the following principles is the essential principle of utilitarian
school of ethics?
a) Greatest Health Principle
b) Greatest Happiness Principle
c) Greatest Wealth Principle
d) Greatest Respect Principle.
38. Which of the following actions can be termed as breach of ‘Professional
Ethics’
1) A physician who refers patients to a specialist in return
for monetary favours
2) A scientist who exaggerates the importance of his discoveries to
encourage investors in his biotech company
3) A lawyer who lies to the Judge
4) The reporter who spreads fake news
Which of the following is correct?
a) Only 1
b) 1 and 2
c) 1, 2 , 3 and 4
d) 1, 2 and 4.
39. Which of the following are the functions of a code of ethics?
1) It can express a shared commitment on the part of a professional
society’s members to strive to satisfy certain ethical standards and
principles.
2) It can help foster an environment in which ethical behavior is
the norm
3) It can serve as a guide or reminder in specific situations
4) A code can be a valuable academic and educational legacy for
an organization.
Which of the following are correct?
a) 1 and 3
b) 1,2 and 3
c) 1,2,3 and 4
d) 1 and 2
40. Which of the following descriptions best describes the principle concerning
professional ethics?
a) Professional duties must be judged by ethical standards
independent of time, place and circumstance
b) Judging professional duties always involves reciprocal
adjustment between ends and means
c) Professional duties must by nature be strictly deontological, i.e
– the ends must not come at the cost of the means
d) Professional duties must be judged only by what they achieve
in line with the ends prescribed by the ideals of business.
41. What are the possible ethical dilemmas that a whistle blower can be
face? 1) Public Interests versus Private interests
2) Citizenship versus Employment
3) Private Benefit versus Employer’s Benefit
4) Short term view versus the long term view
a) 1, 2 and 4
b) 1, 3 and 4
c) 1,2 and 3
d) 1 and 4
42. The principle of deontological ethics has been most succinctly laid down
by Immanuelle Kant in his categorical imperative – which states “ Act only
in accordance with that maxim through which you can at the same time
will that it becomes a universal law”- under what category of the following
methods does this lie?
a) Bottom Up model
b) Top Down model
c) Internal ethics model
d) External ethics model
43. Consider the following ethical dilemmas and correspond them to the type of
ethics Dilemma
1) Privacy Versus Social Utility
2) Profit Versus Welfare
3) Private Gain Versus Public Trust
4) Sustainability Versus Development
Type of Ethics
A) Environmental Ethics
B) Business Ethics
C) Administrative Ethics
D) Technology Ethics
Which is the correct combination?
a) 1–A;2–B;3–C;4–D
b) 1–D;2–C;3–B;4–A
c) 1–D;2–B;3–C;4–A
d) 1–D2–A;3–B;4–C
44. Which of the following are included as major normative ethical theories?
1) Contractualism
2) Consequentialism
3) Deontology
4) Virtue Theory
a) 1,2 and 4
b) 1,2 and 3
c) 1, 2, 3 and 4
d) 2, 3 and 4
45. Which among the following are most likely to be virtues of utilitarianism?
1) Moderation
2) Passion
3) Equality
4) Civil Rights
a) 1 and 4
b) 1 and 3
c) 2, 3 and 4
d) 1, 3 and 4
46. Which of the following statements are true?
a) Morality can be thought of as a especially broad and pervasive
form of cooperation
b) Morality can be thought of as an insignificant and obsolete left over
of the pre modern societies
c) Morality can be thought of as the champion of all things good in the
world
d) Morality can be thought of a hard science like physics and
chemistry
47. Which of the following is true about ‘professional ethics’?
1) It borrows its codes and rules from common and universal morality
2) It formulates codes for unique roles played by individuals
3) They deal with ‘special obligations’ as per the duties undertaken by
professionals
4) Different professions can have a radically different set
of professional ethics
Which of the following are correct?
a) 1, 3 and 4
b) 2, 3 and 4
c) 1 and 4
d) 2 and 3
48. Which of the following is a correct combination Type of Ethic Application
1) Micro Ethics
A) Applies to microchips and software
technologies
2) Meta Ethics
B) Deals with abstract philosophical
questions pertaining Ethics
3) Macro Ethics
C) Applies to society as a whole
4) Normative Ethics
D) Applies to religious order
a) 1–A;2–B;3–C;4–D
b) 2-B;3–C
c) 2 – B only
d) 2 – B; 3 – C and 4 - D
49. Which is the pre conventional levels of Moral Development as per Gilligan’s
Theory
a) Right Conduct is a selfish thing as solely what is good for
oneself.
b) Women don’t want to hurt others and want to help others.
c) Individuals want to balance between caring about other people and
their own interests.
d) Level deals with the respect for conventional rules and authority.
50. Which is the conventional levels of Moral Development as per Gilligan’s
Theory
a) Right Conduct is a selfish thing as solely what is good for oneself.
b) Individuals recognizes the right and the wrong on the basis of a set
of principles which are not based on self-interest or social
conventions.
c) Women don’t want to hurt others and want to help others.
d) Level deals with the respect for conventional rules and authority.
51. Which is the post conventional levels of Moral Development as per Gilligan’s
Theory
a) Right Conduct is a selfish thing as solely what is good for oneself.
b) Level deals with the respect for conventional rules and authority.
c) Women don’t want to hurt others and want to help others.
d) Individuals want to balance between caring about other people
and their own interests.
52. Which is the pre conventional levels of Moral Development as per Kohlberg’s
Theory
a) Right Conduct is a selfish thing as solely what is good for oneself.
b) Women don’t want to hurt others and want to help others.
c) Related to moral development of children and some adults who
never want to grow beyond a certain limit.
d) Level deals with the respect for conventional rules and authority.
53. Which is the conventional levels of Moral Development as per Kohlberg’s
Theory
a) Right Conduct is a selfish thing as solely what is good for oneself.
b) Women don’t want to hurt others and want to help others.
c) Related to moral development of children and some adults who
never want to grow beyond a certain limit.
d) Level deals with the respect for conventional rules and
authority.
54. Which is the post conventional levels of Moral Development as per Kohlberg’s
Theory
a) Right Conduct is a selfish thing as solely what is good for oneself.
b) Individuals recognizes the right and the wrong on the basis of a
set of principles which are not based on self-interest or social
conventions.
c) Related to moral development of children and some adults who
never want to grow beyond a certain limit.
d) Level deals with the respect for conventional rules and authority.
55. Which is not the models of professional role?
a) Saviour
b) Bureaucratic servant
c) Game player
d) Selfish
56. Which of the following correctly emphasizes the Sense of honour?
a) Virtue of maintaining Personal discipline
b) Tendency to face dangers and difficult jobs in rational ways and
with self-control
c) The intensive feelings of self-respect and its
minimum requirements
d) Wisdom in moral matters of all virtues.
57. Which of the following correctly emphasizes the Self-respect?
a) Virtue of maintaining Personal discipline
b) Major motive for maintaining integrity.
c) The intensive feelings of self-respect and its minimum requirements
d) Wisdom in moral matters of all virtues.
58. Which of the following correctly emphasizes the Courage?
a) Virtue of maintaining Personal discipline
b) Tendency to face dangers and difficult jobs in rational ways
and with self-control
c) The intensive feelings of self-respect and its minimum requirements
d) Wisdom in moral matters of all virtues.
59. Who framed Utilitarian ethics?
a) John Locke
b) Aristotle
c) Immanuel Kant
d) John Stuart Mill
60. Who framed Duty based ethics?
a) John Locke
b) Aristotle
c) Immanuel Kant
d) John Stuart Mill
61. Which one of the following statement related to John Rawls theory of duty
ethics?
a) Show respect for persons
b) Duties are binding on us only if they are also applicable to everyone
c) Focus on individual actions and not on general rules.
d) Voluntarily agreed upon by all rational agents in a hypothetical
contracting situation that assures impartiality.
62. Which among the following is a true about ethics of research and
experimentation?
1. Research that causes harm to humans is morally wrong
2. Research that involves humans is justified only when some good
can come from it
3. A person’s right to liberty is violated if he is a subject to research by
coercion
4. Informed Consent plays a role in Research
Ethics Which of the following is correct?
a) 1, 2 and 4
b) 1, 2, 3 and 4
c) 2 and 3
d) 3 and 4
63.
Complex and rapidly changing innovation in engineering leads to
a. the need for a rigid engineering ethics
b. the need for an adaptive engineering ethics
c.
unfamiliar ethical circumstances
d. both b and c
64.
Engineers as employees are concerned with issues beyond wages,
benefits, and job security, such as
a. stress reduction
b. job satisfaction
c.
personal fulfilment
d. all of the above
65. The fact that it takes less time today to go from concept to applied
technology means that both practitioners and academic engineers share
responsibility for the profession's
a. knowledge base
b. scholarly community
c.
clients
d. managers
66. According to Emison, an ethical model of responsible action should
address conduct pertaining to individuals, organizations, and
a. state government
b. federal government
c. the community-at-large
d. universities
67. A pragmatist approach to engineering ethics depends on a
a. transcendent reality
b. framework of stable values
c. co-evolution of judgment and action
d. rational imperative of constancy
68. "We wish to be good citizens of every community in which we operate."
This is
a. Ethical Code
b. Political and Social Code
c.
Legal Rule
d. Legal Act
69. A written statement of policies and principles that guides the behaviour
of all employees is called
a. code of ethics
b. word of ethics
c.
ethical dilemma
d. None of the above
70. An empirical inquiry into the actual rules or standards of a particular
group is
a. normative justice
b. descriptive justice
c.
interpersonal justice
d. None of the above
71. The HR policy which is based on the philosophy of the utmost good for
the greatest number of people is covered under the
a. utilitarian approach
b. approach based on rights
c.
approach based on justice
d. None of the above
72. Which of the following is not usually the objective of a code of ethics?
a. to create an ethical workplace
b. to evaluate the ethical components of the proposed actions of the
employees
c.
to improve the public image of the company
d. to enhance the profits of the business continuously
73. Which of the following is not a core principle of the Society for Human
Resource Management’s Code of Ethics?
a. professional responsibility
b. fairness and justice
c.
professional development
d. None of the above
74. Which of the following factors shapes the ethical behaviour of the
members of an organization?
a. The supervisor’s behaviour
b. organizational culture
c.
code of ethics
d. All of the above
75. A written statement of policies and principles that guides the behaviour
of all employees is called
a. code of ethics
b. word of ethics
c.
ethical dilemma
d. None of the above
76. Document that consists of all ethical standards that employer expects
from employees is classified as
a. ethics code
b. descriptive code
c.
procedural code
d. distributive code
77. A……………………………is a set of principles that people hold themselves
to or that are held by organizations or groups.
a. code of ethics
b. code of honor
c.
ethical perspective
d. persuasive tactic
78. “We advocate truthfulness, accuracy, honesty, and reason as essential to
the integrity of communication.” This is a commitment that would most
likely be found in a……………………………….
a. mission statement
b. code of ethics
c.
code of conduct
d. employee handbook
79. Ethics & Law overlap. This is called…
a. Yellow area
b. White area
c.
Black area
d. Grey area
80. Having ………………………………..means you can be trusted to do what
you are expected to do at work
a. Responsibility
b. Respect
c.
Teamwork
d. Cooperation
81. What is
a.
b.
c.
d.
the classical view of management's social responsibility?
To create specific environment in work place
To maximise profits
To protect and improve society's welfare
All of the above
82. According to the text, what is the ethical responsibility of someone who
receives a message?
a. to read the message immediately in case it contains important
or time-sensitive information
b. to relay the message to as many people as possible
c. to check the credibility of the sender and, if the sender is
being unethical, take appropriate action
d. to ensure it doesn’t end up in the wrong hands
83. Which of the following statements regarding a profession‟s code of ethics
is most accurate?
a. A code of ethics makes sure that all members of a profession act
ethically at all times.
b. A code of ethics communicates the principles and expected
behavior of a profession’s members.
c.
A code of ethics always includes standards of conduct.
84.
Jill Jones, a Level III candidate, is under investigation for a possible
violation of the code and standards. After considering all available
information, the Designated Officer determines that there was indeed a
violation and recommends certain sanctions. Jones:
a. Must accept the sanctions.
b. Can reject the proposed sanctions in which case the matter is
referred to a hearing panel composed of DRC members and
CFA Institute member volunteers affiliated with the DRC.
c.
Can reject the proposed sanctions in which case the matter is
referred to the local CFA Institute society.
85. John Grey has just resigned from his position as a portfolio manager at
T.C. Assets Inc. to start his own independent practice. To save time,
John makes use of the computer models he made at T.C. Assets Inc.
that were saved on his computer and also uses public directories to
contact his former clients whose names he can recall. Grey has violated
the Code and Standards by doing which of the following:
a.
b.
c.
Using the models he made for his former employer.
Soliciting his former employer‟s clients.
Both by using the models and soliciting the former clients.
86. Ahmed Husain, a CFA charterholder, is an analyst for BGD Investments,
Ltd. and specialises in the Bangladesh Textile Industry. Over the past two
months, apart from analysing the financial statements of the companies in
the sector, Husain also interacted with executives from some key textile
companies in Bangladesh, labour unions, exporters and cotton farmers.
Husain realised that when put together, the fragments of public and nonmaterial
non-public
information
can result
in
material
information
regarding the textile sector which leads him to change his recommendation
from positive to a negative outlook for the next quarter. Which of the
following statements regarding Standard II - Integrity of Capital Markets is
most accurate if Husain changes his recommendation?
a.
b.
c.
Husain would violate the Code and Standards as he would use
non-public information.
B. Husain would violate the Code and Standards because
although the non-public information used is non-material, it
leads to material information.
Husain would not violate the Code and Standards.
87. Which of the following is correct under the Code and Standards?
a. Financial analysts are free to act on conclusions based on
both public and nonmaterial nonpublic information.
b. Financial analysts can act on material nonpublic information if
it‟s provided by industry experts.
c.
Financial analysts from large firms can disseminate inside
information of a company than analysts from small firms.
88. Investment professionals have a special responsibility to act ethically
because:
a. the industry is heavily impacted by regulations.
b. the profession has adopted a code of ethics.
c. they are entrusted to protect client’s assets.
89. Ali Haider is responsible for calculating his firm’s performance returns. He
notices that the return for November is impressive if he includes a new
account which started in mid-November and excludes an account which
exited in early-November. In calculating performance returns the firm‟s
policy is to include accounts which exited during the month. Furthermore,
performance numbers of new accounts are to be considered only after they
have been with the firm for a period of one month. In reporting the
performance for November, Haider omits the exited account and includes
the new account. Which of the following is correct according to the CFA
Institute Standards of Professional Conduct?
a.
b.
c.
Haider has not violated the Code and Standards he is acting in
the best interest of his employer.
Haider violated the Code and Standards because both the
inclusion and omission of accounts violate the firm’s
policies.
Haider did not violate the Code and Standards because
performance analysts are free to determine when to include or
omit an account.
90. Jenna Mitchel works as the head of research at a large investment
management company. Recently she received her CFA charter and is
also given the responsibility of compliance. She delegates some of her
supervisory responsibilities in the research unit so she can bring the
compliance in line with the CFA Institute Standards of Professional
Conduct as directed by the CEO. Some of her subordinates are not
subject to the Code and Standards? Which of the following statement is
correct according to the CFA Code and Standards?
a.
b.
c.
Mitchel has supervisory responsibilities over all her
subordinates.
Mitchel is not responsible for her subordinates who are not
governed by the CFA Code and Standards.
Mitchel responsibilities now only involve the Compliance unit
since she has delegated responsibilities in the Research unit.
91. Rauf Ahmad, a junior research analyst and a candidate in the CFA
Program, has been recently hired to cover the mining industry. Ahmad
has been asked to go over the firm‟s compliance procedures especially
regarding the flow of information between the trading desks and the
research department. Doug Harvey CFA, and head of the research
department, tells him that the firm is very particular about not leaking
information into the market and follows all the regulatory procedures in
addition to the CFA Institute‟s Code and Standards. As the deadline of
the report comes up, Ahmad pressed for time reads up online brokerage
reports on the mining industry, talks to a trader friend and goes over the
past reports on the subject by his predecessors. He is able to produce
the report in which there‟s no reference to the brokerage reports or the
comments made by his friend, since he feels all that information is
publicly available. The least likely CFA Standard violated by Ahmad is:
a. Diligence and Reasonable basis.
b. Misrepresentation.
c.
Conflicts of Interest.
92. Conrad Daley is a portfolio manager for Cross Inc., an investment
advisory and brokerage firm. He reports to Julia Richardson CFA, who is
the CFO of Cross. Daley is in charge of an aggressive growth equity fund
and Cross Retirement Plan, a defined contribution plan for the
employees of Cross. Daley sometimes places purchase and sale orders
with a Commodity Index without completing an internal transaction
form. No written operating procedures or compliance manual concerning
commodity trades exists. Richardson has violated the CFA Institute Code
of Ethics and Standards of Professional Conduct relating to?
a. Disclosure of Conflicts
b. Misconduct
c. Responsibilities of Supervisors
93. Jamshed Hameed a trader with Zeal a small investment and
broker/dealer firm and a candidate in the CFA Program often receives
material nonpublic information from friends in the investment
department. Hameed‟s supervisor Siraj Munir, is the Head of the
Trading Unit is aware of this flow of information since Hameed discusses
it with him. In order to confirm with the CFA Code and Standards, which
one of the following is the best policy for the investment/brokerage firm?
a. No buy and sell of the stocks of the clients about which the
information is received.
b. Setting up physical and informational barriers to prevent
the exchange of information between the investment and
brokerage departments.
c.
Transact with only a limited number of stocks when the
material nonpublic information is received
94. Gharib Hisham CFA works for a major investment bank in New York. He
is sent to a developing country as an analyst covering the capital market
and the fast changing economy. Hisham finds out that though the
economy is growing at a very high pace, the securities market is not very
well regulated. As a result there are no laws against insider trading and
various infringements of the securities laws exist with no punitive
prohibitions. According to the CFA Institute Standards of Professional
Conduct Hisham should:
a. Abide by the local law since he works in that country.
b. Get the regulatory authorities to prohibit insider trading.
c. Abide by the CFA Institute Code and Standards.
95. According to the CFA Institute Code of Ethics and Standards of
Professional Conduct, members in case of oversubscription of issues will
most likely breach their duty to clients by:
a. Prorating to all clients for whom the issue is appropriate.
b. Avoiding odd-lot distributions.
c.
Not forgoing any sales to themselves.
96. Who has responsibility for health and safety at your place of work?
a) The client and main contractor only
b) Self-employed contractors only and employees
c) Employers, employees and sub-contractors
d) Everyone at your place of work no matter who
employs them
97.
Which of the following is correct for risk assessment
a) It is a good idea to do, but not essential
b) Only do it if the job is a big job
c) It is a legal requirement and must always be carried out
prior to starting the job
d) Only needs to be done for hazardous work
98.
What does a risk assessment tell you?
a) How to report accidents
b) The working hours of the organisation
c) Where the first aid box is and the first aiders
d) How to do the job safely
99.
Why should regular inspections of the workplace take place?
a) To check whether the working environment is safe
b) To check everyone is doing their job
c) To prepare for a visit from a HSE inspector
d) To check that all staff are present and correct
100.
Which of the following is correct for risk assessment
a) It is a good idea to do, but not essential
b) Only do it if the job is a big job
c) It is a legal requirement and must always be carried out
prior to starting the job
d) Only needs to be done for hazardous work
101.
Which among the following form a type on intellectual property?
i) Trade Secrets
ii) Digital Signatures
iii) Trademarks
iv) Copyrights
a) i, ii, iii and iv
b) i. iii and iv
c) iii and iv
d) ii, iii and iv
102.
Which among the following acts fall under the category of hazard
to employee’s safety and health?
i) Exposure to asbestos
ii) Second hand smoke
iii) Music at the workplace
iv) Obsolete industrial equipment
a) i and ii
b) i, ii and iii
c) I, ii, iii and iv
d) i, ii and iv
103.
What among the following question must a moral agent keep in mind
while determining corporate social responsibility?
i) Is this activity necessary in order to conduct business?
ii) Is it necessary to redress harms caused by the company?
iii) Is the activity within the scope of the firm’s expertise?
iv) Can such an activity be carried out without interfering with
the social fabric, or community, or national security?
a) i, ii and iv
b) i, ii, iii and iv
c) ii, iii and iv
d) iii and iv
104. Carroll's model of social responsibility includes the social
responsibilities categories of _____________, ____________, and
_____________ plus those at the discretion of the firm.
a) consumerism; discrimination; environment
b) ethical responsibilities; discrimination; legal responsibilities
c) ethical responsibilities; legal responsibilities; economic
responsibilities
d) occupational safety; legal responsibilities; economic
responsibilities
105. What among the following question must a moral agent keep in mind
while determining corporate social responsibility?
i) Is this activity necessary in order to conduct business?
ii) Is it necessary to redress harms caused by the company?
iii) Is the activity within the scope of the firm’s expertise?
iv) Can such an activity be carried out without interfering with
the social fabric, or
community, or national security?
Which of the following are correct?
a) i, ii and iv
b) i, ii, iii and iv
c) ii, iii and iv
d) iii and iv
106. Intellectual Property is protected by the law
a) Patents
b) Trademarks
c) Copyrights
d) All of the above
107. The quest to maximize profitability should be constrained by
a) Ethical obligations
b) Unethical obligations
c) Stakeholders
d) Lack of social responsibility
108. Which of the following are true with regard to safety and treatment of
employees
i) It is a means of promoting worker efficiency and social order by
protecting lives and promoting the well-being of workers
ii) The idea of safety and treatment of employees was conceived during
the Industrial Revolution in Europe
iii) By ensuring safety of workers the political society of a nation is
stabilized
iv) All workers have a right to expect fairness from their employer and
to be treated with respect and dignity
a) i, ii, iii and iv
b) i, iii and iv
c) ii and iv
d) i and iv
109. What among the following elements takes the most direct and
immediate set back in a case of Conflict of interest by a public official?
a) The reputation of the officer
b) The trust that the public holds in the office
c) The legitimacy of the office
d) The constitution of India
110. Which of the following descriptions best describes the principle
concerning professional ethics?
a) Professional duties must be judged by ethical standards
independent of time, place and Circumstance
b) Judging professional duties always involves reciprocal
adjustment between ends and means
c) Professional duties must by nature be strictly deontological, i.e – the
ends must not come at the cost of the means
d) Professional duties must be judged only by what they achieve in
line with the ends prescribed by the ideals of business
111. Which of the following statements are true?
i) The more strict and disciplined the process of socialization - the
better quality of morality is formed in an individual
ii) The higher the level of moral reasoning in individuals - the more
moral the behaviour to be expected
iii) The increase in perception of individual’s responsibility and
involvement in the situation increases the probability of moral
behaviour
iv) The more rigorous the monitoring of behaviour by a supervisory
agency - the more voluntarily the individual acts morally.
a) i, ii and iv
b) i, ii, iii and iv
c) ii and iii
d) ii, iii and iv
112. Which of the following options are included in the ethics of fair
treatment of workers at workplace?
i) Physical safety of employees at the workplace
ii) Recreation facilities at the workplace
iii) Rights of workers to fairness and dignity
iv) Right of workers to have a share in company’s profit
a) i and ii
b) i and iii
c) ii and iv
d) i, iii, and iv
113. Which of the following are the principles that need to be adopted in
Economics to deal with the Environment responsibly
i) Marketing of safe products and services
ii) Curtailing the use of energy by developing economies
iii) Reduction and Disposal of manufactured products
iv) Environmental Directors and Managers for enterprises and
corporations
a) i, iii and iv
b) i, ii and iii
c) ii and iv
d) i and iii
114. “A ______ is any individual or group who benefits from or is harmed by, or
whose rights are affected (violated, restricted or ignored) by an organization’s
action.” What is the most appropriate insertion in the blank
a) Victim
b) Stakeholder
c) Culprit
d) Shareholder
115. Which of the following is a form/type of conflict of interest?
i) Using government Property for extra official purposes
ii) Post-Employment Benefits
iii) Receiving Gifts from clients
iv) Holding an office of profit
a) i, ii and iv
b) i, ii and iii
c) i and ii
d) iii and iv
116. Why are stakeholders important to a company?
i) Because a company could not exist or achieve profits without them
ii) Because stakeholders are individuals or groups of individuals –
human beings with rights and interest.
Which of the following are correct?
a) Only i
b) Only ii
c) Both i and ii
d) Neither i nor ii
117. Which among the following is an appropriate understanding of what
corporate responsibility means?
a) Companies should be held accountable for social effects of their
actions
b) Companies should be held accountable for political effects of their
actions
c) Companies should be held accountable for economic effects of their
actions
d) All of the above
118. Consider the following statement, and mark the correct one which is
borrowed from NSPE code of ethics, about IPR
a) “Engineers shall not reveal facts, data or information obtained in
a professional capacity without the prior consent of the client or
employer except as authorized and required by law or this Code”
b) “Engineers shall be free to reveal facts, data or information obtained
in a professional capacity without the prior consent of the client or
employer except as prohibited by law or this Code”
c) “Engineers shall not obtain facts, data or information in a
professional capacity without the prior consent of the client or
employer except as authorized and required by law or this Code”
d) “Engineers shall not gain monetary benefits from facts, data or
information obtained in a professional capacity without the prior
consent of the client or employer except as authorized and required by
law or this Code”
119. Which among the following are the entities that check and control
conflict of interest in a Govt Department?
i) Comptroller and Auditor General (CAG)
ii) Judiciary
iii) Commissions of Inquiry
iv) Ministry of Finance
a) i, ii and iii
b) i,ii, iii and iv
c) ii, iii and iv
d) i and iii
120. Which of the following are fundamental cannon of NSPE?
i) Hold, paramount the safety, health and welfare of the public
ii) Perform services only in areas of their competence
iii) Issue public statements only in an objective and truthful manner
iv) Never defect from the corporation which has employed them for a
considerable amount of time Which of the following are correct?
a) i, ii, iii and iv
b) i, ii and iii
c) ii, iii and iv
d) ii and iii
121. A whistle-blower is primarily motivated
by a) Retaliation
b) Ethical concern
c) Personal gain
d) Fear of retribution
122. Which of the following is necessary for whistle-blowing to occur?
a) Information
b) Legal protection
c) A nondisclosure agreement
d) Managing authority
123. The main motivation for there to be whistle blower-protection laws is
that whistle blowers __________________________.
a) Represent a minority
b) Are likely to be oppressed
c) Benefit society
d) Should enjoy freedom of speech
124. Which one has high risk, High safety, high cost and high price?
a) Nuclear power plant
b) Automobiles industry
c) Electrical industry
d) Electronic industry
125. In order to determine the risk, which of the following criterion
should have knowledge?
A) Knowledge of Risk
b) Uncertainties in Design
c) Testing for Safety
d) All of the above
126. Which of the following is a characteristic of multinational enterprises?
a. The overseas market is larger than the domestic market.
b. At least half its directors are foreign national
c. The company does at least 30 percent of its business in foreign
markets.
d. The affiliates are responsive to a number of important
environmental forces.
127. Which of the following is a definition of multinational enterprises?
a. A company headquartered in one country but having
operations in other countries.
b. A company employing foreign nationals.
c. A company operating in emerging economies.
d. None of the above.
128. How is an FSA defined?
a. Government support.
b. A unique capability proprietary of the organization.
c. Natural resource endowments.
d. Labor.
129. What is the purpose of the National Environmental Protection Act
(NEPA)?
a. To provide an ethical framework for the state agencies that
monitor environmental activity
b. To create a regional network of environmentally supportive policies
that states may modify
c. To promote informed decision-making by federal agencies by
providing detailed information concerning environmental
impacts
d. To enact more effective but less stringent policies affecting specific
areas of environmental concern.
130. Environmental justice is described as intergenerational, meaning that
a. both genders should enjoy the environment equally
b. international laws define general environmental laws
c. each generation is responsible for current environmental laws
d. the environment should be preserved for future generations
131. Much of the emphasis on clean water initiatives in the 1970s was
prompted by the
a. water pollution of the Great Lakes
b. Cuyahoga River in Ohio catching on fire
c. disposal of radioactive wastes into rivers and the ocean
d. water pollution produced by the mining of coal
132. Environmental ethics belongs to which part?
a. Environmental science
b. Environmental chemistry
c. Environmental philosophy
d. Environmental studies
133. On what Marshall’s category of conservation ethics valid?
a. Usefulness to all organisms
b. Usefulness to humans
c. Usefulness to the ecosystem
d. Non usefulness to humans
134. What is the main reason environmental destruction?
a. Due to consumption of the poor
b. Due to consumption of the rich
c. Due to no consumption
d. Due to consumption in certain interval of times
135. Which one of the following is the major environmental issue?
a. Use of resources
b. Use of economy
c. Education
d. Employment
136. Which is an example of plagiarism?
a. Reading a paragraph online and retyping it in your own words.
b. Copying and pasting someone else's work into your paper using
qoutation marks and citing the author
c. Typing a paper in your own word
d. Copying and pasting a sentence from the Internet into your
paper.
137. What are computer ethics?
a. An honest, moral code that should be followed when on
the computer
b. A computer program about honesty
c. A computer that fits on or under a desk
d. A list of commandments in the Bible
138. Management is:
a. An art
b. Both science and art
c. A science
d. Neither art nor science
139. Engineering is:
a. An art
b. Both science and art
c. A science
d. Neither art nor science
140. Engineers can become good managers only through __________.
a. Experience
b. Taking master degree in management
c. Effective career planning
d. Trainings
141. If you are an engineer wanting to become a manager, what will you do?
a. Develop new talents
b. Acquire new values
c. Broaden your point of view
d. All of the above
142. When engineer enters management, what is the most likely problem he
finds difficult to acquire?
a. Learning to trust others
b. Learning how to work through others
c. Learning how to take satisfaction in the work of others
d. All of the above
143. What management functions refers to the process of anticipating
problems, analyzing them, estimating their likely impact and
determining actions that will lead to the desired outcomes and goals?
a. Planning
b. Leading
c. Controlling
d. Organizing
144. What management function involves selecting candidates and training
personnel?
a. Organizing
b. Staffing
c. Motivating
d. Controlling
145. What management function involves orienting personnel in the most
effective way and channeling resources?
a. Directing
b. Planning
c. Organizing
d. Leading
146. Actual performance normally is the same as the original plan and
therefore it is necessary to check for deviation and to take corrective
action. This action refers to what management function?
a. Organizing
b. Planning
c. Controlling
d. Staffing
147. What refers to management function which is to encourage others to follow
the example set for them, with great commitment and conviction?
a. Staffing
b. Motivating
c. Controlling
d. Leading
148. What refers to a principal function of lower management which is to
instill in the workforce a commitment and enthusiasm for pursuing the
goals of the organization?
a. Directing
b. Motivating
c. Staffing
d. Controlling
149. Which is NOT an element of project management process?
a. Data and information
b. Research and development
c. Decision making
d. Implementation and action
150. What is the most essential attribute of a project manager?
a. Leadership
b. Charisma
c. Communication skill
d. Knowledge
151. What does it mean if something has a copyright symbol?
a. It is the work and property of the person who created it
b. The person who created the work wanted to register their name so
they could become famous
c. As long as you buy it, you can make as many copies as you want
d. Since young people don’t have much money, it’s okay to copy
anything
152. If you want to use one program on thirty different computers, you should
a. Purchase a site license or buy enough copies for every computer
b. Buy two copies, in case one becomes damaged, and load it on all the
computers
c. Buy one copy and put it on all the computers
d. Borrow it from another school, copy it, and send it back promptly
153. On a school computer, Mary learned how to copy programs. A
classmate asked her to copy a program for his home use. Her most
ethical response would be which of the following?
a. I’ll copy it, but you have to promise not to tell anybody.”
b. “I don’t know how to copy diskettes.”
c. “I can’t copy it because it will break copyright laws.”
d. “I’ll copy it for you, but you can’t copy it for anyone else.”
154. Montgomery Middle School purchased a single-user copy of a word
processing program. They may do which of the following?
a. Copy it onto all the computers in the lab
b. Use it on only one computer in the lab
c. Use it on all the computers in one classroom
d. Duplicate the disk and give it to everyone in the class
155. Which of the following would be considered unethical access of a
computer database?
a. Accessing your banking statement online
b. Using a gift registry online to pick out a gift for someone getting
married.
c. Buying a pair of jeans using a store’s web site
d. Opening America Online using someone else’s screen name and
password
156. All of the answers below are advantages to buying your own software
EXCEPT
a. Having instruction manuals or documentation.
b. Getting expert help from the software company.
c. Giving free copies to your friends
d. Having the personal satisfaction of doing what is ethical and legals