What Should Be the Final Step in the Ethics-Auditing Process

question 45

Multiple Choice

What should be the final step in the ethics-auditing process?

• A)Define the scope of the audit.
• B)Secure the commitment of top managers and directors.
• C)Collect and analyze data.
• D)Report the findings.
• E)Verify the results.

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Definitions:

Resources Scarcity

The economic problem of having seemingly unlimited human wants in a world of limited resources.

Consumer's Income

The total amount of earnings available to an individual or household to spend or save after taxes.

Budget Line

A graphical representation showing all possible combinations of two goods that can be purchased with a given budget at current prices.

Money Income

The total amount of money or monetary earnings received by an individual or household over a certain period of time.