Matthew received a promotion after turning in an important project. Matthew did not tell his supervisor that the majority of the project was done by someone else. He really wanted the promotion and decided not to mention that someone else was responsible for the successful project. It appears Matthew is at the ______ of moral development.
A. preconventional level
B. conventional level
C. postconventional level
D. neoconventional level
A. preconventional level
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Revenues increase owner's equity
Indicate whether the statement is true or false
Which of the following statements is CORRECT?
A. If a lower level person in a firm does something illegal, like "cooking the books" to understate costs and thereby artificially increase profits because he or she was ordered to do so by a superior, the lower level person cannot be prosecuted but the superior can be prosecuted. B. There are many types of unethical business behavior. One example is where executives provide information that they know is incorrect to outsiders. It is illegal to provide such information to federally regulated banks, but it is not illegal to provide it to stockholders because they are the owners of the firm. C. If someone deliberately understates costs and thereby causes reported profits to increase, this can cause the stock price to rise above its intrinsic value. The stock will probably fall in the future. Both those who participated in the fraud and the firm itself can be prosecuted. D. Ethical behavior is not influenced by training and auditing procedures. People are either ethical or they are not, and this is what determines ethical behavior in business. E. ?Ethics is not an important consideration in business and in business schools.
A new machine can cause a change in the mean of a process distribution. This is a result of a level shift
Indicate whether the statement is true or false
Statistical sampling provides a technique for
A. Exactly defining materiality. B. Greatly reducing the amount of substantive testing. C. Eliminating judgment in testing. D. Measuring the sufficiency of evidential matter.