What effect should a code of ethics have on dialogue within an organization?
a. Help legitimize dialogue about what constitutes ethical behavior.
b. Restrict dialogue to support for ethical decision making.
c. Make employees afraid to voice concerns about their own ethical or unethical
impulses.
d. Help bring legal language into conversations about ethical behavior.
a. Help legitimize dialogue about what constitutes ethical behavior.
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Which one of the following statements is not true?
A) Straight-line depreciation may be used instead of MACRS for income tax reporting. B) If MACRS is used for tax purposes, it must be used for book purposes. C) Salvage value is not considered when the MACRS system is in use. D) Economic lives may be different from MACRS lives.
Adam, an employee at Trite Holdings, decides to leave the company. However, during his exit interview, an HR supervisor learns that Adam had no complaints about the work he did or the pay he received. What would be a source of job dissatisfaction for Adam and likely to lead to his departure?
A. Adam experienced uncivil behavior from his co-workers, and it was not addressed by management. B. Adam's co-workers were unclear about his work methods, scheduling, and performance criteria. C. Adam worked on a team with employees from different functional units. D. Trite Holdings focused too much on pay as a source of satisfaction. E. Adam's supervisor defined expectations so clearly, there was no role ambiguity.
Sandra works as the supervisor of the accounting department of Welfare Co. She notices that in the month of September, the expenditure on supplies was much more than the planned budget. She looks into the surplus expenditure and finds that she had approved a bulk purchase of supplies to take advantage of a volume discount. Sandra then makes appropriate corrections so that future expenditure on supplies is in line with the planned budget. In this scenario, Sandra is primarily engaged in the management function of ________.
A. controlling B. staffing C. leading D. organizing
In nearly all cases, the purpose of a hedge is to
A) reduce or eliminate risk. B) make a very high profit in an extremely short time frame. C) speculate on a downward drop in a general market index. D) speculate on an upward movement in a given currency.