Which of the Following Would Mitigate an Officer's or Corporation's

question 50

Multiple Choice

Which of the following would mitigate an officer's or corporation's sentence under the corporate sentencing guidelines?

• A)officer had no direct knowledge; he/she was only the supervising manager
• B)the company had an ethics training program
• C)subordinates failed to follow orders
• D)subordinates were demoted for questioning decisions

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Definitions:

Bonus

An additional compensation paid to employees as an incentive or reward beyond their regular salary or wages.

Liquidation

The process of winding up a company's financial affairs by selling off its assets to pay creditors and distribute any remaining assets to the shareholders.

Partnership Liabilities

Debts and obligations for which partners in a business partnership are mutually responsible.

Salaries

Employee pay based on a specified amount rather than an hourly rate.