1. Which of the following functions does a code of ethics perform?

A. It clarifies an organization's cornerstones to its employees, managers, and stakeholders.

B. It allows the board members of an organization to be accountable only to themselves.

C. It allows chief executive officers unrestrained power in the decision-making process.

D. It works with the standards of corporate governance to limit employees' independence.

2. Which of the following is true of corporate ethics?

A. It has advanced from a core performance-assessment issue to an abstract debate.

B. It does not require the senior executives of a company to be accountable to stakeholders.

C. It does not deal with performance measurement, but with cosmetic public relations.

D. It has moved from the domain of legal departments into the organizational mainstream.

3. Over the last five decades, codes of ethics have matured from cosmetic public relations documents into _____ documents

A. profit-oriented

B. financial-assessment

C. performance-measurement

D. expenditure-maximization