Fealty Credit Corporation Asks Its Employees to Evaluate Their Actions

question 10

Multiple Choice

Fealty Credit Corporation asks its employees to evaluate their actions and get on the ethical business decision-making "bandwagon." Guidelines for judging individual actions most likely include all of the following except

• A)an individual's conscience.
• B)business rules and procedures.
• C)loopholes in the law or company policies.
• D)promises to others.

---

Definitions:

Cash Register Tapes

Physical records produced by cash registers, documenting transactions completed.

Refund Liability

An obligation to return funds to customers, recorded as a liability on the balance sheet, reflecting the company's expectation to refund some portion of sales.

Defective Merchandise

Products that fail to meet quality standards, often leading to returns, exchanges, or adjustments.