The Policy on Travel Reimbursement at Public Service Company Is

question 24

Multiple Choice

The policy on travel reimbursement at Public Service Company is that receipts for meals under $25.00 are not required.Internal auditors at Public Service have recently discovered that 80 percent of all meal submissions are in a range from $12.50 to $12.99.When one manager is questioned about his submissions and those of his employees he responds,"So,they make a little bit on meals - it helps their miserable salaries." The manager's evaluation:

• A)demonstrates an ethical commitment to his employees.
• B)is ethical since no one is really harmed.
• C)demonstrates a lapse in the company's ethical culture.
• D)is an example of Christian consequentialism.

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Definitions:

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity, with all parties sharing the profits, losses, and control of the business.

Mushroom Farm

A specialized agricultural operation focused on cultivating mushrooms under controlled conditions for culinary, medicinal, or commercial purposes.

Acquisition

The process of one company purchasing most or all of another company's shares to gain control of that company.

Assumes Obligations

The act of taking on responsibilities, duties, or commitments, often legally or contractually.