Which of the Following Statements About Implementing an Ethics and Legal

question 26

Multiple Choice

Which of the following statements about implementing an ethics and legal compliance program is false?

• A) It requires open communication.
• B) It requires consistent enforcement of standards from the code of conduct.
• C) It rarely needs to be revised.
• D) It requires taking reasonable steps in response to violations of standards.
• E) It helps create a buffer zone on issues that could trigger serious legal complications for the company.

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Definitions:

Budget Resolution

A congressional agreement about total outlays, spending by major category, and expected revenues; it guides spending and revenue decisions by the many congressional committees and subcommittees.

Congressional Agreement

A consensus reached among members of the United States Congress on a legislative matter.

Outlays

Expenses incurred or amount spent for a particular purpose.

Federal Government Budget Surplus

Occurs when a government's income exceeds its spending during a fiscal year.