Conflicts of Interest Can Be Handled Ethically by

question 19

Multiple Choice

Conflicts of interest can be handled ethically by

• A) disclosing them.
• B) ignoring them.
• C) hiding them.
• D) doing what everyone else in the organization does in similar situations.

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Definitions:

Capital Goods

Long-lasting goods that are used in the production of other goods and services, such as machinery, buildings, and equipment.

Consumables

Items or products that are intended to be used up and replaced.

Inflationary Premium

The component of interest rates or yields on financial instruments that compensates investors for the anticipated erosion of purchasing power due to inflation.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money they borrow from a lender.