A CFO Whose Compensation Plan May Have Had the Effect

question 80

Multiple Choice

A CFO whose compensation plan may have had the effect of creating an incentive for unethical actions includes:

• A)Kenneth Lay
• B)Scott Sullivan
• C)Bernie Madoff
• D)Dennis Kozlowski

---

Definitions:

Quantity Supplied

The total amount of a product that producers are willing and able to sell at a given price in a certain time period.

Price Rises

An increase in the cost of goods or services in the market, often due to factors like inflation, increased demand, or higher production costs.

Equilibrium Price

The price at which the quantity demanded of a good equals the quantity supplied.

Quantity Demanded

Represents the total amount of a good or service that consumers are willing and able to purchase at a given price over a specific period of time.