To Create an Ethical Climate in a Workplace, What Must

question 88

Multiple Choice

To create an ethical climate in a workplace, what must occur after employees understand the company's values?

• A)Conducting an ethical retreat seminar
• B)Establishing a contractual system
• C)Identifying the issues
• D)Developing explicit rules for transactions
• E)Establishing a system of control

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Definitions:

Cash Paid

The actual amount of money disbursed for expenses, purchases, or liabilities.

Accounts Receivable

Funds that customers owe to a business for products or services already provided but not paid for.

Credit Sales

Sales made by a business where the customer is allowed to pay at a later date.

Cash Sales

Transactions where payment is made in cash at the time of the sale, with immediate transfer of ownership and benefits.