ASSUMPTION COLLEGE OF NABUNTURAN

P-1, Poblacion, Nabunturan, Compostela Valley 8800

Mobile Number: (+63) 999-309-8810
Senior High School Department
ABM Grade 12 – Ethics and Social Responsibility
3rd Quarter Exam

Test I – Select the best answer by encircling only the letter corresponding to your choice.
1. Which of the following profession shall participate in the development of the legal system by initiating or
supporting efforts in law reform and in the improvement of the administration of justice?
a. Government officials b. lawyers c.politicians d. teachers e. medical doctors
2. Which of the following profession is considered as a “friend of mankind?
a.Government officials b. lawyers c. politicians d. teachers e. medical doctors

3. . How do we call a person who shifts a less productive economic resources to higher productive resources?
a. businessman b. business person c. entrepreneur d. entrepreneurship
3. Which of the following refers to the capacity and willingness to develop, organize, and manage a business
venture along with the risks involved in order to earn profits?
a. business b. business person c. entrepreneur d. entrepreneurship
4. Who is considered as a self- motivated individual who takes risk in innovating new ways of accomplishments?
a. business b. businessman c. entrepreneur d. entrepreneurship

5. Which of the following refers to activities undertaken by independent individuals, groups and organizations to
protect their rights as costumers?
a. Consumerism b. consumer’s rights c. human rights d. free enterprise
6. Which of the following best describes a diverse workforce?
a. A company hires only women because they are part of a protected workforce.
b. A company hires white men and women to work for their company.
c. A company hires only African-Americans because they are part of a protected workforce.
D. A business hires men, women and people of different races, religions, and backgrounds.
7. A physician should be free to choose patients.
a.. The statement is true c. The statement is neither true nor false
b. The statement is false d. either of a or b
8. Which of the following encompasses the discipline that examines one’s moral standards or the moral
standards of a society? a. ethics b. ethos c. logic d. morality
9. According to Richard Rudden, “ ethics and _____________ are at the core of sustainable long term success.
a. competence b. integrity c. humility d. profit
10. Which of the following conduct is not required for all policemen?
a. commitment to democracy c. commitment to public interest
b. partisanship d. social awareness

Test II- Answer the following accordingly.

1. What are the fundamental principles governing a professional accountant? (5pts)

2. Give at least five (6) important rules or principles of business ethics? 6 pts
3. Enumerate the benefits of business ethics? 4 pts
4. What are the four basic consumer rights? 4 pts
5. Cite unethical issue or situation that you think is present in the business today and suggest or recommend
solution to avoid/ minimize it. ( ex.bribery, backer system) (5 pts)
6. A BIR official once said that “There are no corrupt BIR employees, only corrupt taxpayers”. Do you agree?
Give your comments. ( 3 pts)
7. Is the study of business ethics important for businessmen/ entrepreneur? (3pts)

Honesty is the best policy.. God bless you more… Maam Leny Barroga