ETHICS REVIEWER
DIRECTIONS. Read the following item carefully. Encircle the LETTER of your best answer NO
ERASURES PLEASE
1. A technology company discovers a security vulnerability in their software that could potentially
expose customer data. What is the most ethical course of action demonstrating transparency?
A. Wait until the next scheduled software update to fix it
B. Immediately notify customers and release a security patch
C. Fix it quietly without informing customers
D. Only inform major corporate clients
2. A non-profit organization receives a large donation from a controversial source. What demonstrates
accountability?
A. Keep the donation source private
B. Return the donation without explanation
C. Publicly disclose the donation and its intended use
D. Use the donation for executive bonuses
3. An employee discovers that their supervisor is manipulating financial reports. What action best
reflects organizational fairness?
A. Report it through proper whistleblower channels
B. Discuss it with coworkers first
C. Confront the supervisor directly
D. Ignore it to maintain workplace harmony
4. A company needs to reduce its workforce. Which approach demonstrates fairness in layoffs?
A. Lay off the newest employees regardless of performance
B. Base decisions on performance metrics and communicate clearly
C. Let department heads choose randomly
D. Target highest-paid employees to save more money
5. How should a non-profit handle restricted donations that cannot be used as intended?
A. Use them for other purposes without disclosure
B. Keep the funds indefinitely
C. Contact donors for permission to reallocate
D. Transfer them to general operating expenses
6. What demonstrates transparency in corporate sustainability reporting?
A. Only reporting positive environmental impacts
B. Using complex technical language
C. Including both achievements and challenges
D. Publishing reports without third-party verification
7. When implementing new workplace policies, what approach best ensures fairness?
A. Apply different standards based on seniority
B Implement changes without notice
C. Provide advance notice and clear communication
D. Allow managers to interpret policies individually
8. A company discovers their product has caused unexpected environmental damage. What's the
most accountable response?
A. Continue production while seeking alternatives
B. Deny responsibility until legally proven
C. issue a recall and develop remediation plan
D. Minimize public awareness of the issue
9. How should organizations handle employee complaints about discrimination?
A. Investigate promptly and maintain detailed records
B. Handle issues informally to avoid documentation
C. Wait to see if problems resolve themselves
D. Address only complaints from senior staff
10. What practice best demonstrates financial accountability in a non-profit?
A. Limiting financial information to board members
B. Publishing detailed annual financial reports
C. Providing general overview without specifics
D. Sharing information only when requested
11. Ms. Lopez decided to venture into business with her small amount of capital as a start-up What
type of business you can recommend her?
A. Non-Stock Corporation
B. Partnership
C. Sole Proprietorship
D. Cooperative
12. The following are benefits from business organization in the socioeconomic development except?
A. Promotes self-help and employment.
B. Mobilize capital
C. Provides taxes to economy
D. Empowers specialization
13. Which of the following pertains to Corporation?
A. composed of two or more persons
B. created by law
C. no right of perpetual succession
D. maybe created for an indefinite period
14. A local manufacturing company in Manila discovers a minor defect in their products but fixing it
would be costly. According to Philippine business ethics and transparency principles, what should
they do?
A. Keep it confidential to protect company reputation
B. Only disclose if customers specifically ask
C. Immediately recall products and publicly disclose the issue
D. Wait to see if any customers notice the defect
15. He asked questions to find out how to act by learning the essence of a thing-what makes it be, for
example, an act of holiness or justice.
A. Plate
B. Aristotle
C. Confucius
D. Socrates
16. What kind of business is BEST described by these statements?
I am the owner of my business. I take the risks of doing the business. I keep all the profits.
A. proprietorship
B. corporation
C. partnership
D. cooperative
17. The following are contributions of business organization in the socioeconomic development
except?
A. Enhance equitable distribution of income and wealth
B. Employs the various resources present in the economy
C. Improves personal entrepreneurial skills
D. The willingness to take risks, risks that society will otherwise be hesitant to take
18. Business partners Mr. X and Mr. Y has a liability that extends to their personal properties What
kind of partners are Mr. X and MLY?
A. partner by estoppel
B. silent partner
C. general partner
D. ostensible partner
19. Humans are sociable creatures who constantly observed the people around them and imitates
them. This are based on the teachings of
A. Plato
B. Rufus
C. Aristotle
D. Plutarch
20. The capitalists are wealthy people who have a large amount of capital invested in a business and
who benefit from the system of capitalism by making profits and adding to their wealth
A. Utilitarianism
B. Socialism
C. Duty-based Theory
D. Capitalism
21. He was a great biologist and a great philosopher He based his ethics on the psychological theory
of human nature. Government and organizations need to build the best systems to let humans fulfill
their natural drives
A. Socrates
B. Aristotle
C. Immanuel Kant
D. Rufus
22. It is a Filipino community spirit and cooperation wherein a group of individuals extends a helping
hand without expecting any renumeration
A. Damayan System
B. Flexible
C. Bayanihan system
D. Close family ties
23. Mr. Roman has a business principle to donate large percentage of his earnings to charitable
institutions. This refers to the principle of
A. Stewardship
B. Trust
C. Generosity
D. Diligence
24. The ABC corporation is a large company driven to earn profit, selfish motives and exploitation of
natural resources is against what business principle?
A Stewardship
B. Trust
C. Generosity
D. Diligence
25. In the conduct of business, people are expected to observe fair dealings. The businessman must
be guided by fairness in his transaction with different stakeholders of the business. This refers to the
principle of
A. Stewardship
B. Justice
C. Honesty
D. Mutual Respect
26. The following are noble eight pathfold except?
A. Right to conduct
B. Right to live
C. to make a living
D. Right to concentration
27. Statement 1. Code of conduct is generally broad in nature.
Statement 2: Code of Ethics is stated specifically to employees of an organization
A. Only statement 1 is true
B. Only statement 2 is true
C. Both statement is true
D Both statement is false
28. It is a guiding principle for teachers to show proper behavior around the community at all times.
A. RA 7836
B. RA 9298
C. RA 6713
D. RA 7838
29. The following are advantages of Corporation except?
A. double taxation
B. limited liability
C. may earn a profit without working
D separation of ownership from the management
30. Public officials and employees shall at all times be accountable to the people and shall discharge
their duties this way, except?
A. integrity
B. loyalty
C. privacy
D. modesty
31. A company decides to close on Sundays to accommodate employees' religious practices. This
most directly demonstrates
A. Economic efficiency
B. Religious accommodation in business
C. Competitive advantage
D. Marketing strategy
32. In Islamic banking, charging interest (riba) is prohibited. How might this belief system affect
business operations?
A. It has no effect on banking practices
B. Banks must find alternative ways to make profit, such as profit-sharing
C. Islamic banks cannot operate internationally
D. All loans must be interest-free with no alternative compensation
33. A Buddhist business owner implements meditation rooms and mindfulness breaks This practice
most likely stems from:
A. Government regulations
B. Profit maximization strategies
C. Buddhist principles of mindfulness and well-being
D. Employee demands
34. How might a Hindu business owner's belief in karma potentially influence their business
decisions?
A. By focusing solely on short-term profits
B. By ignoring ethical considerations
C. By prioritizing immediate returns
D. By considering the long-term consequences of actions
35. A Jewish-owned business closes for Shabbat (from sunset Friday to Saturday night). This most
directly Impacts:
A. Annual revenue projections
B. Operating hours and scheduling
C. Product development
D. Marketing strategies
36. Which scenario best demonstrates how Christian values might influence business practices?
A. Maximizing profit at any cost
B. Implementing predatory lending practices
C. Practicing charitable giving and fair treatment
D. Ignoring community needs
37. When a company adapts its food products to meet halal requirements, this is primarily an
example of
A. Religious discrimination
B. Market expansion strategy
C. Cost reduction
D. Production inefficiency
38. A business owner's Confucian beliefs might most directly influence:
A. Technological choices
B. Hierarchical structure and relationships
C. Product pricing
D. Inventory management
39. How might Native American spiritual beliefs about environmental stewardship affect business
operations?
A. Emphasizing sustainable practices
B. Increasing production speed
C. Maximizing resource extraction
D. Ignoring environmental impact
40. A company allows flexible scheduling for different religious observances. This policy best
represents.
A. Financial inefficiency
B. Reduced productivity
C. Religious discrimination
D. Inclusive business practices
41. Your friend asks you to help them cheat on a final exam by sharing answers through text
messages. What is the most ethical response aligned with Filipino values?
A. Help them because friendship means supporting each other no matter what
B. Decline but offer to help them study instead
C. Ignore their messages completely
D. Tell other classmates about their request
42. You witness a classmate stealing money from another student's bag. Which action best reflects
Filipino moral values?
A. Keep quiet to avoid conflict
B. Post about it on social media to shame the thief
C. Report on the incident to school authorities
D. Confront the thief aggressively
43. Your parents want you to pursue a career they chose, but you have different aspirations. How
should you handle this situation according to Filipino values?
A. Rebel and pursue your path without discussion
B. Have a respectful dialogue with them about your goals while showing gratitude
C. Give up your dreams entirely to please them
D. Pretend to agree but secretly do what you want
44. You discover your sibling is involved in harmful online activities. What's the most appropriate
action?
A. Express your concern and talk to them about the consequences
B Tell all your relatives to shame them
C. Ignore it since it's not your business
D. Threaten to expose them on social media
45. vendor gives you extra change by mistake What should you do?
A. Keep it as good luck
B. Return the extra money immediately
C. Give it to someone else
D. Use to buy something for the vendor
46. Your group project member isn't contributing but needs to pass the class. What's the most ethical
approach?
A. Do their work for them out of pity
B. Remove their name from the project
C. Talk to them about their challenges and work out a solution
D. Tell the teacher without trying to resolve it first
47. You find out your close friend's partner is cheating. What's the most appropriate action based on
Filipino values?
A. Spread rumors about the cheating partner
B. Mind your own business completely
C. Tell your friend immediately without verification
D. Verify the information and carefully approach your friend with compassion
48. A classmate posts something offensive about your religion on social media. How should you
respond?
A. Engage in a respectful dialogue to promote understanding
B. Post offensive content about their beliefs in retaliation
C. Block them without addressing the issue
D. Gather others to cyberbully them
49. You're pressured to join a group spreading fake news for political gain. What's the morally correct
choice?
A. Join because everyone else is doing it
B. Decline and report the group's activities
C. Participate but feel guilty about it
D. Ignore the situation entirely
50. Your younger sibling is being bullied at school What's the most appropriate response aligned with
Filipino values?
A. Tell them to fight back physically
B. Ignore it since they need to learn to be tough
C. Support them emotionally and report the bullying to proper authorities
D. Take revenge on the bullies yourself