Which of the Following Is NOT a Sign of an Ethical

question 16

Multiple Choice

Which of the following is NOT a sign of an ethical collapse within an organization, according to Marianne Jennings?

• A) pressure to meet financial goals
• B) hubris
• C) nepotism, favoritism and hiring sycophants
• D) an open and candid organizational culture
• E) weak boards of directors

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Definitions:

Direct Labor Cost

The wages and benefits paid to workers who are directly involved in the production of goods.

Equivalent Units

A term used in cost accounting to represent a conversion of partially completed goods into a number of fully completed units.

Direct Materials

Raw materials that are directly traceable to the production of a specific good or service and directly incorporated into the final product.

Direct Labor

The wages paid to workers who are directly involved in the production of goods or the provision of services.