You are assigned to participate on a corporate committee responsible for creating a program to comply with the Federal Organizational Corporate Sentencing Guidelines. What should the program include, and what will be the effect of your company's implementing an adequate compliance program?
An adequate compliance program should include: standards and procedures to prevent and detect criminal conduct; responsibility at all levels and adequate resources; authority for the program; personnel screening related to program goals; training at all levels; auditing, monitoring, and evaluating program effectiveness; non-retaliatory internal reporting systems; incentives and discipline to promote compliance; and reasonable steps to respond to and prevent further similar offenses upon detection of a violation. If a corporation has implemented an adequate compliance and ethics program and there is a criminal offense, the punishment can be reduced.
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If $1,000,000 of 8% bonds are issued at 105, the amount of cash received from the sale is
A) $1,080,000 B) $950,000 C) $1,000,000 D) $1,050,000
A company has computed that their "margin" is .18. Which of the following statements is the best interpretation of these results?
A) $.18 of every $1 invested in assets is net profit. B) $.18 of every $1 made in sales is profit. C) Every $1 invested in assets generates $.18 in sales revenue. D) Every $1 invested in assets generates $.18 of segment margin.
Managers need to understand that technology makes projects successful
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Despite the power of simulation, less than 20% of the largest U.S. corporations use simulation in corporate planning
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