In Order to Emphasize the Importance of Integrity and Ethical

question 36

Multiple Choice

In order to emphasize the importance of integrity and ethical values among all personnel or an organization, the CEO and other top managers should do all of the following except:

• A) set the tone by example.
• B) communicate to all employees.
• C) send email messages to all employees promoting ethical values.
• D) reduce or eliminate incentives and temptations.
• E) provide moral guidance to employees.

Calculate total interest earned on bonds and investments over specific periods.

Understand the principles of time value of money in calculating equivalent payment streams and investment outcomes.

Apply mathematical formulas to compare investment returns and assess financial choices.

Perform calculations involving rate adjustments, such as inflation and discount rates, on financial planning.

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Definitions:

Tariff of Fees

A tariff of fees is a published schedule of charges or rates, especially detailing the costs associated with services provided by professionals, governments, or financial institutions.

Geographic Area

A specific location or region defined by natural or artificial boundaries.

Bid-rigging

A form of fraud in which a commercial contract is promised to one party even though for the sake of appearance several other parties also present a bid.

Collusion

A secret agreement or cooperation between parties for a deceitful or fraudulent purpose, especially to cheat or deceive others.