Answer the following statements true (T) or false (F)
1. Many corporations are finding themselves appointing ethics officers.
2. Ethical auditing can be defined as the regular comprehensive evaluation of the compliance of
the firm’s ethical policies and procedures.
3. The ethical auditing process is an evaluation tool used by management to ensure that the
ethical conduct described in the code of ethics is enforced throughout the organization.
4. Whistle-blowing is the process in which an employee informs another responsible party in
the company about potentially unethical behavior.
5. Many companies find that setting up hotlines and other reporting mechanisms for reporting
environmental programs is quite difficult to accomplish.
1. TRUE
2. TRUE
3. TRUE
4. TRUE
5. FALSE
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The doctrine of promissory estoppel:
A. protects bargains, not reliance. B. protects reliance, not bargains. C. makes the contracts unenforceable. D. does not make promises enforceable.
Which of the following is true about unearned revenue?
a. When the account is credited, Cash is debited; b. It is a contra-revenue account; c. When adjusted, a revenue account is debited; d. It is reported on the income statement; e. All statements given are false
Managerial decision-making is defined as ______.
A. identifying and solving problems B. supporting employees and building trust C. encouraging an open workplace D. identifying and employing new technologies
In response to the U.S. failure to extend the Trucking Pilot Program the Mexican Government did what?