Which of the Following Is Not a Sign of an Ethical

question 14

Multiple Choice

Which of the following is not a sign of an ethical collapse within an organization, according to Marianne Jennings, author of The Seven Signs of Ethical Collapse: How to Spot Moral Meltdowns in Companies ?

• A)Pressure to meet financial goals
• B)Hubris
• C)Nepotism, favoritism, and hiring sycophants
• D)An open and candid organizational culture
• E)A weak board of directors

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Definitions:

Ending Balance

The amount of money in an account at the end of a financial period, after all transactions have been accounted for.

Plan Assets

The resources set aside to pay employee benefits under a pension or other post-employment benefit plan.

Fair Value

Rephrased: An accounting concept referring to the estimated price at which an asset could be bought or sold in a current transaction between willing parties.

Expected Pension Benefits

Expected pension benefits represent the future payments an employee has earned under a pension plan, based on factors like years of service and salary history.