Title: Quiz: Ethics In Finance Quiz
Course: Business_Finance_ > Section: Module8

Q: What is the primary focus of the module on ethics in finance?
- The mathematical calculations involved in financial transactions
- The ethical considerations that shape business practices
- The historical events that led to financial crises
- The technological advancements in financial markets
A: The ethical considerations that shape business practices

Q: Who is responsible for maintaining transparency and upholding integrity in financial markets?
- Only regulatory bodies
- Financial professionals
- Government officials
- Only corporate executives
A: Financial professionals

Q: When did the 2008 financial crisis occur, highlighting the consequences of unethical practices?
- 2005
- 2008
- 2010
- 2012
A: 2008

Q: Why is ethical decision-making crucial in finance?
- It increases profits for financial institutions
- It fosters trust and stability in financial markets
- It simplifies financial regulations
- It eliminates all financial risks
A: It fosters trust and stability in financial markets

Q: How does the deontological approach guide financial advisors in their decision-making?
- By focusing solely on profit maximization
- By emphasizing adherence to rules and duties
- By prioritizing stakeholder happiness
- By encouraging risk-taking behavior
A: By emphasizing adherence to rules and duties

Q: Which ethical framework evaluates decisions based on the greatest good for the greatest number?
- Virtue Ethics
- Deontology
- Utilitarianism
- Ethical Relativism
A: Utilitarianism

Q: What can be a consequence of unethical financial practices?
- Increased investor confidence
- Systemic risks threatening market stability
- Enhanced public trust in financial institutions
- Improved regulatory compliance
A: Systemic risks threatening market stability

Q: Which of the following is a mechanism to promote ethical behavior in finance?
- Ignoring regulatory bodies
- Implementing corporate governance frameworks
- Reducing transparency in financial reporting
- Avoiding professional codes of conduct
A: Implementing corporate governance frameworks

Q: How can education and training contribute to ethical practices in finance?
- By focusing solely on technical skills
- By integrating ethics into finance-related curricula
- By minimizing discussions about ethical dilemmas
- By promoting competition among professionals
A: By integrating ethics into finance-related curricula

Q: What is the ultimate goal of prioritizing ethics in finance according to the module?
- To maximize profits for financial institutions
- To ensure compliance with laws only
- To contribute to a more equitable and sustainable economic system
- To eliminate all financial regulations
A: To contribute to a more equitable and sustainable economic system