All of the Following Statements About the Creation of a Code

question 126

Multiple Choice

All of the following statements about the creation of a code of ethics are true EXCEPT:

• A) A written code helps employees avoid confusion when determining whether their decisions are ethical.
• B) A code can be an effective internal control on behavior.
• C) The process of formulating the code facilitates discussions that ultimately create better decisions.
• D) A code helps employees identify what their firm recognizes to be acceptable business practices.
• E) A code guarantees ethical behavior among a firm's employees.

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Definitions:

Evaporation

The process by which water turns from a liquid into a vapor, often under the influence of heat.

Cohesion

Property of a substance (such as water) that arises from the tendency of its molecules to resist separating from one another.

Osmosis

Diffusion of water across a selectively permeable membrane; occurs in response to a difference in solute concentration between the fluids on either side of the membrane.

Sieve Elements

Living cells that compose sugar-conducting sieve tubes of phloem. Each sieve tube consists of a stack of sieve elements that meet end to end at sieve plates.