Which of the Following Is True of Managing Ethical Behavior

question 45

Multiple Choice

Which of the following is true of managing ethical behavior?

• A)Ethical issues are always public and monumental.
• B)Organizations must create a culture that discourages ethical behavior.
• C)Ethical behavior is a major internal force for change in an organization.
• D)Society expects organizations to maintain ethical behavior in relationships with customers.

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Definitions:

Consolidating Foreign Operations

The process of integrating the financial statements of foreign subsidiaries with the parent company's financial statements, adjusting for currency conversion and other factors.

Accounting Standards

Guidelines established by authoritative bodies to standardize financial reporting and accounting practices globally or within specific regions.