Which of the Following Statements About Ethics Training Is True

question 49

Multiple Choice

Which of the following statements about ethics training is true?

• A)The most effective ethics training begin with the techniques for solving ethical dilemmas.
• B)Ethics training is formal training to develop an awareness of questionable business behavior and to practice appropriate responses.
• C)Ethical training does not have to be boring.
• D)Fewer than half of all American companies have some type of ethics training programs.
• E)All of the above statements about ethics training are true.

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Definitions:

Non-Cancelable Lease

A lease agreement that cannot be terminated before its expiration date by either the lessee or the lessor without incurring penalties.

Economic Life

The estimated period over which an asset is expected to be economically useful to its owner or the duration it can generate revenue, beyond which it is not cost-effective to operate.

Warranty

A guarantee, typically from a manufacturer or seller, promising to repair or replace defective goods within a specified time period.

Lease Liability

A financial obligation representing the present value of future lease payments that a lessee is required to make under a lease agreement.