Because Your Department Has Not Reached Its Sales Quota, Your

question 70

Multiple Choice

Because your department has not reached its sales quota, your boss has asked you to change figures to show that sales were higher than they actually were. Which of the following questions is NOT important as you decide what to do?

• A)Is the action you are considering legal?
• B)Are there better alternatives?
• C)Would family, friends, or coworkers approve?
• D)What is the best channel of communication to use in responding to your boss?

---

Definitions:

Forward Rate

An agreed-upon interest rate for a loan or investment to be initiated in the future, used in forward contracts and financial planning.

British Security

Financial instruments issued by the United Kingdom, including government bonds, stocks, and other securities, used for investment purposes.

Fixed Exchange Rate

A country's currency exchange rate regime under which the government or central bank ties the official exchange rate to another country's currency or to the price of gold.

Covariance

A measure of how two stocks move together, indicating the degree to which their returns are related.