Simply having a code of ethics

a. will ensure ethical business behavior.

b. eliminates the need for periodic ethics workshops.

c. is all that is necessary to sensitize people to workplace circumstances in which ethics issues may arise.

d. does not guarantee that employees will behave in an ethical manner.

e. secures an ethics culture in the workplace.

The fraud chapter included the internal control assertions management is responsible for in providing internal controls. Which of the following are categories were included?

a. Transactions

b. Accounting

c. Financial Statement Presentation

d. Both a. AND b.

e. All of the above

Which strategy would be most appropriate when the distinctive competencies of two or more firms complement each other especially well for them to join forces for a common business venture?

a. Conglomerate

b. Strategic alliance

c. Joint venture

d. Integration

e. Concentric

What is a limitation of using financial budgets?

a. They can be so detailed that they are cumbersome and expensive.

b. They can become a substitute for objectives.

c. They can hide inefficiencies if done only on precedent.

d. They are sometimes used as instruments of tyranny.

e. All of the above

All of the following will most likely result from a proactive environmental policy EXCEPT

Group of answer choices

a. lower cleanup costs.

b. conservation of energy.

c. increased customer loyalty.

d. numerous liability suits.

e. lower medical costs