What Is Not a Common Mistake When Designing and Implementing

question 32

Multiple Choice

What is not a common mistake when designing and implementing an ethics program?

• A)Failing to fully understand the goals of the program
• B)Not setting realistic or measurable goals
• C)Having top management take ownership of the ethics program
• D)Developing materials that do not address the needs of the average employee
• E)Transferring a program between countries and cultures without making adjustments

---

Definitions:

Absorption Costing

An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.

Variable Costing

An accounting method that only includes variable production costs (materials, labor) in product cost, excluding fixed costs.

Mixed Cost

A cost that has both fixed and variable components, which changes with the level of output but not in direct proportion.

Fixed Manufacturing Costs

Overhead expenses that do not vary with production level, such as rent, salaries, and utility costs in a manufacturing environment.