After Developing a Code of Ethics, It Should Be Communicated

question 247

Multiple Choice

After developing a code of ethics, it should be communicated to

• A) everyone with whom the business has dealings.
• B) the Attorney General in jurisdictions where the business has operations.
• C) all levels of management.
• D) stockholders.

---

Definitions:

Salaries Expense

An account that represents the total amount paid to employees for services rendered during a specific period, usually before any deductions.

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets, excluding inventories.

Current Portion

Refers to the portion of long-term debt or leases that is due to be paid within the next year.

Long-Term Debt

Loans and financial obligations lasting more than one year used by businesses to finance their operations.