Which Statement About Codes of Ethics Is FALSE

question 54

Multiple Choice

Which statement about codes of ethics is FALSE?

• A) Fewer and fewer companies are adopting codes of ethics.
• B) Codes of ethics are determined by company managers.
• C) Some ethical responses can be learned through experience.
• D) Social responsibility involves providing quality products and pricing products fairly.
• E) Core principles and values should remain a constant characteristic of a company.

Compute total current assets.

Calculate inventory turnover rates.

Understand and calculate working capital ratios.

Understand and apply the formula for calculating the relationship of net income to net sales.

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