Question

question 40 (1 point)
what is the benefit of employing an ethics officer?
this professional serves as a law enforcement officer, w th the authority to
arrest employees who do not abide by the ethics code.
this individual writes the ethics code and keeps this doc ument current. he has
sole authority to change the document as he sees fit.
this professional has the responsibility to make certain tl at the ethics code
remains a private company document; outside stakeholde s should be excluded
from ethical concerns.
this individuals job is dedicated to objectively investigatir ethics breaches. if
necessary, employees feel comfortable with communicatin confidentially to
this professional.
question 41 (1 point)
mason is a cpa for a large company. recently, he noticed that th companys
accounting records significantly overstated the amount of inventory on hand,
leading to an overstatement of assets the company holds. initially, mason brought
it to the attention of his supervisor, but when nothing was done to correct the
mistake, he decided to report it to the appropriate government official. mason was
counting on current law, under the _________, to protect him against company
retaliation.
cellar - kefauver act
sarbanes - oxley act
robinson - patman act
sherman act

Explanation:

For Question 40:

• An ethics officer's main role is to handle ethics - related issues objectively. They do not have law - enforcement arrest powers (eliminating the first option). The ethics code is usually a collaborative effort, not solely written and changed by one person (eliminating the second option). Ethical concerns often involve outside stakeholders (eliminating the third option). Their job is to investigate ethics breaches objectively and provide a confidential communication channel for employees.

For Question 41:

• The Sarbanes - Oxley Act (SOX) has provisions to protect whistle - blowers. The Cellar - Kefauver Act is about mergers and acquisitions. The Robinson - Patman Act is related to price discrimination. The Sherman Act is about antitrust. Mason, as a whistle - blower reporting accounting irregularities, would be protected under the Sarbanes - Oxley Act.

Answer:

Question 40: This individual's job is dedicated to objectively investigating ethics breaches. If necessary, employees feel comfortable with communicating confidentially to this professional.
Question 41: Sarbanes - Oxley Act