Which of the Following Statements About Ethics and Organizations at Large

question 4

Multiple Choice

Which of the following statements about ethics and organizations at large is accurate?

• A) Organizations must work hard to maintain an internal culture free of ethical challenges.
• B) Organizations face ethical challenges only if they fail to both engage in ethics training and in hiring ethical employees.
• C) All organizations are ethically challenged.
• D) Most organizations are ethically challenged.

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Definitions:

Useful Life

The estimated duration of time over which an asset is expected to be functional and contribute to a company's operations.

Revenue Expenditures

Short-term expenses incurred during normal business operations that are charged against revenue in the period they are incurred.

Capital Expenditures

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technology, or equipment.

Major Overhaul

A significant restoration or repair of equipment, aimed at extending its useful life.