An Essential Element in Creating an Ethical Environment in an Audit

question 7

Multiple Choice

An essential element in creating an ethical environment in an audit firm is:

• A) Socialization of employees
• B) Moral intensity of the situation
• C) Responsible leadership of the firm
• D) Firm values, behavior and attitudes

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Definitions:

Illegal

Involves actions or activities that are forbidden by law or not authorized by legal regulations.

Boycotts

Organized refusal to buy, use, or participate in something as a form of protest or to exert pressure for change.

Taft-Hartley Act

A 1947 United States federal law that restricts the activities and power of labor unions, also known as the Labor Management Relations Act.

Prohibits

Officially forbids or disallows a certain action, behavior, or practice by law or regulation.