Which of the Following Is an Effective Tool for Preventing

question 216

Multiple Choice

Which of the following is an effective tool for preventing individual ethical lapses?

• A) Ethics training
• B) Screening
• C) Internal controls
• D) All of the above

---

Definitions:

Isoquant

A curve that represents all the combinations of inputs that result in the production of a certain level of output, suggesting input substitutability in the production process.

Capital

Financial assets or the financial value of assets, such as cash and goods, used by a business to produce goods and services and create wealth.

Labor

The use of human labor, be it physical or intellectual, in generating goods and services.

MRTS

Marginal Rate of Technical Substitution. It's the rate at which one input can be reduced for every increase in another input, keeping output constant.