What is the leader's role in establishing an ethical organization?
What will be an ideal response?
The ethical orientation of a leader is a key factor in promoting ethical behaviour. Ethical leaders must take personal, moral responsibility for their actions and decision making. Leaders who exhibit high ethical standards become role models for others and raise an organization's overall level of ethical behaviour. Ethical behaviour must start with the leader before the employees can be expected to perform accordingly.
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The FASB requires a separate note in the financial statements to show the effects of inflation so that investors are able to compare statements more accurately
a. True b. False Indicate whether the statement is true or false
Which of the following is the most direct method of focusing on changes in the company's balance sheet and income statement?
a. Calculating key ratios and comparing them from period to period b. Comparing account balances in the statements from one period to the next c. Performing a vertical analysis d. Performing a horizontal analysis
What are the disadvantages of mediation?
What will be an ideal response?
A. Distinguish between the time a third party's rights arise under an assignment, a delegation, and a third party beneficiary contract. b. Identify and define the following terms: assignor and assignee; delegator and delegatee