Employees, organizations, and communities thrive over the long term when managers apply ethical standards that direct them to act with integrity.
Answer the following statement true (T) or false (F)
True
Ethics are the moral principles and standards that guide the behavior of an individual or group. Employees, organizations, and communities thrive over the long term when managers apply ethical standards that direct them to act with integrity.
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Which of the following is an example of a “justice vs. mercy” ethical dilemma based on competing values?
a. A mother wonders if she should try to restrict spending money on her young children so that she can save for their college fund. b. A city council has to vote on whether or not to allocate the majority of their resources to help a few people whose property was damaged by a fire. c. A man needs to feed his children but has no job and wonders if he should steal food for them. d. A police officer sees a woman accidentally break the law and wonders if he should arrest her.
When a subsidiary's financial statements are consolidated, ____________ exposure occurs.
Fill in the blank(s) with the appropriate word(s).
Valley National Bank issued a note promising to repay an investor on October 1, 2011, three years from the date of issue, plus interest. The note
a. is a certificate of deposit, and it will pay a lower rate of interest than a regular savings account at Valley. b. is a certificate of deposit, and it will pay a higher rate of interest than a regular savings account at Valley. c. is a certificate of deposit, and whether the bank pays a higher or lower rate of interest than it pays on its regular savings accounts depends upon particular bank policy. d. constitutes a trade acceptance.
In 2018, almost 60% of the adult U.S. population was expected to use online banking.
Answer the following statement true (T) or false (F)