To Provide Greater Clarity to Business _________, Many Companies and Professional

question 6

Multiple Choice

To provide greater clarity to business _________, many companies and professional groups publish a code of conduct.

• A) objectives
• B) ethics
• C) goals
• D) activities
• E) relationships

Describe methods and practices for safeguarding company assets.

Recognize the factors contributing to fraudulent activities and how to prevent them.

Understand the segregation of duties principle and its application in preventing fraud.

Explain the significance of using checks for cash disbursements and the control it provides.

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Definitions:

Preconventional Morality

Kohlberg’s first level of moral reasoning in which the concrete interests of the individual are considered in terms of rewards and punishments.

Conventional Morality

Kohlberg’s second level of moral reasoning in which people approach moral problems as members of society.

Moral Development

The changes in people’s sense of justice and of what is right and wrong, and in their behavior related to moral issues.

Self-Sacrifice

The act of giving up one's own interests, desires, or well-being for the benefit of others or for a cause.