The Majority of CEOs Blame Unethical Employee Conduct on

question 196

Multiple Choice

The majority of CEOs blame unethical employee conduct on

• A) the breakdown of traditional religious institutions.
• B) a failure of leadership to establish ethical standards.
• C) the increase in lawsuits used to avoid personal responsibility.
• D) the nation's business schools that tolerate unethical behavior in students.

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Definitions:

Collection Policy

The procedures and guidelines used by a company to manage and collect accounts receivable.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.

Salaries Payable

An account representing the amounts owed to employees for work performed but not yet paid.

Price/Earnings Ratio

A valuation metric for a stock, calculated by dividing the market price per share by the earnings per share.