The Primary Focus of a Compliance-Based Ethics Program Is

question 5

Multiple Choice

The primary focus of a compliance-based ethics program is:

• A)Preventing, detecting and punishing violations of the law
• B)Define organizational values and encourage employee commitment
• C)Improve image and relationship with stakeholders
• D)Protect management from blame
• E)All of the above

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Definitions:

Account System

Refers to a structured process of recording, analyzing, and managing financial transactions of a business or individual.

Backlog

The accumulation of work or orders that have been promised or planned but not yet completed or delivered.

Ledger Account

A ledger account is a record used to store and summarize the financial transactions pertaining to a particular aspect of a business, such as assets, liabilities, equity, revenues, or expenses.

Petty Cash

A small amount of cash kept on hand for making immediate payments for miscellaneous small expenses.