____ Ethical Issues Generally Surface When Companies Fail to Disclose

question 128

Multiple Choice

____ ethical issues generally surface when companies fail to disclose risks associated with a product or information regarding its function, value, or use.

• A) Promotion-related
• B) Distribution
• C) Corporate
• D) Product-related
• E) Safety

---

Definitions:

Net Income

The profit of a company after all expenses and taxes have been deducted from revenue, indicating its financial performance.

Shares Outstanding

The total number of a company's shares that are currently owned by shareholders, including those held by institutional investors and restricted shares owned by the company’s officers and insiders.

Days Sales Outstanding

A calculation used by a company to estimate the average number of days it takes to collect payments after a sale has been made.

Receivables

Funds that are owed to a company by its customers as a result of the sale of goods or services on credit.