____ Are Formalized Rules and Standards That Describe What a Company

question 76

Multiple Choice

____ are formalized rules and standards that describe what a company expects of its employees in terms of ethical behavior.

• A) Job descriptions
• B) Ethics clauses
• C) Behavior contracts
• D) Codes of conduct
• E) Ethics contracts

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, allowing for more precise cost control.

Food And Supplies

These are consumable items bought and used in the operations of businesses, particularly in the restaurant and hospitality industries.

Tenant-Days

A measure used in property management representing the sum total of days each tenant occupies a space over a certain period.

Spending Variance

The difference between the actual amount spent and the budgeted amount for a particular item or category.