The Following Is a Fundamental Factor in Having an Effective

question 10

Multiple Choice

The following is a fundamental factor in having an effective ethical corporate culture:

• A)Tone at the top
• B)Efficient oversight by the company's Board of Directors
• C)Workplace ethics
• D)Code of conduct
• E)Ethics risk management programs

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Definitions:

Simple Rate Of Return

A method to evaluate an investment's efficiency by dividing the annual incremental net operating income by the initial investment cost.

Cash Operating Costs

Expenses a company incurs during its day-to-day operational activities that require cash payment.

Automating

The process of using technology to perform tasks without human intervention, often resulting in increased efficiency and reduced error.

Payback Period

The time it takes for an investment to generate cash flows sufficient to recover its initial cost.