Which of the Following Statements Is False

question 36

Multiple Choice

Which of the following statements is false?

• A) Ethical issues are limited to for-profit organizations.
• B) Business ethics goes beyond legal issues.
• C) Ethical conduct builds trust among individuals and in business relationships.
• D) Ethical conflicts may evolve into legal disputes.
• E) Regardless of what an individual feels about a particular action,if society judges it to be unethical,that judgment affects the organization's ability to achieve its objectives.

---

Definitions:

Statement of Cash Flows

A financial report detailing modifications in balance sheet accounts and income's impact on cash and equivalents, segmented into operating, investing, and financing activities.

Loss

A decrease in net income that occurs when expenses exceed revenues, investments diminish in value, or assets are lost or damaged.

Investing Activities

Transactions involving the acquisition and disposal of long-term assets and investments not included in cash equivalents.

Financing Activities

Transactions involving long-term liabilities, stockholders' equity, and changes in short-term loans that affect a company's cash flow.