Which of the Following Is Not True of Unethical Behavior

question 9

Multiple Choice

Which of the following is not true of unethical behavior?

• A)The only category of unethical behavior for accountants is inflating revenue.
• B)Accountants are often pressured to help commit or cover up unethical behavior.
• C)Hacking is an unethical behavior that accountants should be concerned about.
• D)An accounting information system can be used to cover up unethical behavior.
• TEST BANK - CHAPTER 1 - MULTIPLE CHOICE

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Definitions:

Conversion Premium

The extra amount a investor pays over the convertible security's current value to convert it into shares of stock.

Conversion Price

The conversion price is the predetermined price at which a convertible bond or preferred stock can be converted into common shares of the issuing company.

Conversion Ratio

The number of shares an investor receives upon converting a convertible security, like convertible bonds or preferred stock, into common stock.

Conversion Value

The worth of a convertible security if it were converted into the underlying stock at the current market price.