Codes of Ethics Can Have an Impact in Which of the Following

question 126

Multiple Choice

Codes of ethics can have an impact in which of the following ways?

• A) They provide informal guidelines about dealing with ethical matters.
• B) They deal only with the employees' relationships with customers.
• C) They describe common ethical decisions faced by employees.
• D) They may be influential in determining a person's decision-making behaviour.

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Definitions:

Beneath Face Value

Refers to when a security is trading for less than its nominal or face value.

Premium on Bonds

The amount by which the price paid for a bond exceeds its face value, often due to interest rates being lower than the bond's coupon rate.

Interest Method

A technique used in accounting and finance to calculate the interest between periods based on principal, rate, and time.

Market Rate

The prevailing interest rate available in the marketplace or the usual rate charged or paid for a particular item or service.