Discuss the key markers of highly ethical organizations.
What will be an ideal response?
Key markers of highly ethical organizations include recognition of risk, zero tolerance
for individual and collective destructive behaviors, justice, integrity, trust, process focus,
structural reinforcement, and organizational citizenship.
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The accounts receivable system in which all the accounts receivable master data contains individual open invoices, against which payments and other adjustments are applied:
a. pre-billing system b. open-item system c. balance-forward system d. post-billing system
Which of the following is true of an apparent agency?
A) The authority of an apparent agent is implied from the conduct of the parties. B) The third-party is not bound to a contract created by an apparent agent. C) The principal is bound to the contracts entered into by an apparent agent. D) The actions of an apparent agent create an apparent agency.
State X passes legislation that requires that unless a mother of children under the age of 7 is found to be unfit, custody in divorce proceedings should be awarded to the mother and not the father. If this statute is challenged, the court will:
a. defer to the legislature and will not determine whether such a classification of persons is constitutionally permissible. b. determine that fundamental rights and suspect classification are involved in this legislation. c. only require that the legislation conceivably bears some rational relationship to a legitimate governmental interest. d. review the legislation to see if the preference to mothers bears a substantial relationship to an important governmental objective.
Arno is judge in a country that follows a civil law system. In Arno's court, the primary source of law consists of
a. administrative decisions. b. a statutory code. c. case precedents. d. the laws of other nations.