Which of the Following Statements Best Describes the Ethical Position

question 81

Multiple Choice

Which of the following statements best describes the ethical position of Enron executives?

• A)If it's legal, its ethical.
• B)If we are under pressure to keep the stock price up, we do what it takes.
• C)Everybody does it.
• D)Both a and b

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Definitions:

Variable

An element, feature, or factor that is subject to change, often used in financial analysis, statistics, and scientific research.

Absorption

In accounting, it refers to the process of incorporating all costs of production into the value of a product, including both direct and indirect expenses.

Margin Of Safety Ratio

A financial metric that measures the difference between actual or projected sales and the break-even point.

Margin Of Safety

The difference between actual or expected sales and sales at the break-even point.