Rebecca works at a company where she has consistently noticed the questionable decisions and unethical behavior of her superiors. She has decided to contact the media and “blow the whistle”. Rebecca is exhibiting which kind of ethical principle?
A. Organization culture and leadership
B. Decision-making processes
C. Strong corporate governance
D. Moral courage
E. Hiring and promotion
Answer: D
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Which method of trading currencies involves the conversion of one currency into another at one point in time with an agreement to reconvert it back to the original currency at some point in the future?
a. forward transaction b. futures transaction c. spot transaction d. swap transaction
Net income for a particular period does not equal cash flow from operations because
a. most firms use the accrual basis of accounting to measure operating performance. b. most firms typically recognize revenue at the time of sale, independent of when they receive the cash from the sale. c. some firms receive cash before providing services and recognizing revenues. d. some firms receive cash after they have provided goods and recognized revenues. e. all of the above
Many financial planners recommend that you hold emergency reserve assets equal to ________ months of after-tax income
A) 3-6 B) 5-7 C) 7-12 D) 12-15
Having many small choices with short commitments is an example of:
A) an Internet-era planning strategy. B) an Outside-in planning strategy. C) a New-era planning strategy. D) an Old-era planning strategy.