Jordan Is a Recent College Graduate with a Degree in Computer

question 116

Multiple Choice

Jordan is a recent college graduate with a degree in computer programming.He has just begun his first full-time job and is excited to apply the skills that he worked so hard to acquire.Though he excelled as a student,Jordan is anxious about how successful he will be as an employee.When an opportunity unexpectedly presents itself to take credit for a brilliant software program that someone else wrote,Jordan does not resist and claims the program as his own.Which of the following would LEAST likely also happen along with Jordan's decision?

• A) Other recently hired employees who learn of Jordan's dishonesty are hesitant to report him because they think he is the boss's favorite new employee.
• B) After thinking deeply about his behavior, Jordan becomes better equipped to act ethically in the future.
• C) Without recognizing his behavior as unethical, Jordan steals office supplies and reports more hours on his time sheet than he has actually worked.
• D) The company's ethics committee agrees that employees should not be expected to tell the truth if honesty is not part of their personal ethics.
• E) An employee who reports Jordan's dishonesty consequently suffers from psychological and emotional stress.

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Definitions:

Purchase Accounting Method

An accounting approach used in mergers and acquisitions, where the assets and liabilities of the acquired company are added to the acquirer's balance sheet at their current fair market values.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Tender Offer

A tender offer is a proposal made publicly by an investor or company to purchase some or all of shareholders' shares in a corporation at a specified price.

Consolidation

The process of combining multiple companies or financial statements, often to present a unified set of financials or to merge businesses.