Question 1

In the IACM, what are the two types of Proactive Actions & Controls?

Options :

A : Reactive Actions & Controls and Passive Actions & Controls

B : Prevent/Deter Actions & Controls and Promote/Enable Actions & Controls

C : Centralized Actions & Controls and Decentralized Actions & Controls

D : Quantitative Actions & Controls and Qualitative Actions & Controls

Answer: B

Question 2

What is the significance of a vision statement in inspiring and motivating employees, stakeholders, and customers?

Options :

A : It specifies the organization-s views on ethical issues facing it.

B :

It describes what the organization aspires to be and why it matters, serving as a guidepost for long-term strategic planning and inspiring and motivating employees, stakeholders, and customers.

C :

It details the organization-s sales targets and revenue projections to motivate employees to work hard and meet those goals.

D : It outlines the organization-s succession planning and leadership development.

Answer: B

Question 3

What are some considerations to keep in mind when attempting to influence an organization’s culture?

Options :

A :

Culture change requires long-term commitment, consistent modeling in both words and deeds, and reinforcement by leaders and the workforce.

B : Culture change is not necessary as long as the organization is meeting its financial targets.

C :

Culture change can be achieved quickly through the implementation of new policies and procedures if there is adequate training provided.

D :

Culture change is solely dependent on the decisions made by the executive leadership team and how they model desired behavior.

Answer: A

Question 4

What is the difference between prescriptive norms and proscriptive norms?

Options :

A : Prescriptive norms are optional guidelines, while proscriptive norms are mandatory rules.

B :

Prescriptive norms are related to financial performance, while proscriptive norms are related to ethical behavior.

C :

Prescriptive norms are established by government regulations, while proscriptive norms are established by industry standards.

D :

Prescriptive norms encourage behavior the group deems positive, while proscriptive norms discourage behavior the group deems negative.

Answer: D

Question 5

What is the purpose of implementing ongoing and periodic review activities?

Options :

A : To eliminate the need for external audits.

B : To reduce the overall cost of operations.

C : To gauge the effectiveness, efficiency, responsiveness, and resilience of actions and controls.

D : To have documentation for use in defending against enforcement or legal actions.

Answer: C

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