All of the Following Statements About Ethical Organizations Are

question 44

Multiple Choice

All of the following statements about ethical organizations are , except

• A) the potential benefits of an ethical organization are few but direct.
• B) ethical values shape the search for opportunities.
• C) organizational ethics define what a company is and what it stands for.
• D) ethics provide a common frame of reference that serves as a unifying force.

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Definitions:

Reportable Segment

A part of an organization distinguished by its business activities, products, or services, which is significant enough to require separate financial reporting under financial reporting standards.

Revenues

The total amount of income generated by the sale of goods or services related to the company's primary operations.

Profits

Financial gains obtained when the revenue from business activities exceeds the expenses, taxes, and costs of operating.

Temporary Difference

A discrepancy between the carrying amount of an asset or liability in the balance sheet and its tax base, creating taxable or deductible amounts in the future.