Which of the Following Is Not an Act of Misconduct

question 30

Multiple Choice

Which of the following is not an act of misconduct commonly observed in the workplace?

• A) misreporting time worked
• B) discrimination
• C) stealing, theft, or fraud
• D) industrial espionage

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Definitions:

Gross Profit

The difference between revenue and the cost of goods sold (COGS), indicating how much a company earns from its core business activities.

Multiple-Step Income Statement

A comprehensive income statement that separates operating revenues and expenses from non-operating ones, providing a detailed view of a company's financial activities.

Single-Step Income Statement

An income statement format that deducts total expenses from total revenues with one calculation, to find the net income.

Operating Income

Profit realized from a business's core operations, excluding deductions of interest and taxes.