Which of the Following Statements About Ethical Codes of Conducts

question 93

Multiple Choice

Which of the following statements about ethical codes of conducts is FALSE?

• A)They establish the organization's ethical standards and inform employees.
• B)They signal how seriously the organization views the issue of ethics.
• C)Written ethical codes prevent unethical behaviour.
• D)Most large and medium-size organizations in Canada have such codes.
• E)Many organizations provide ethics training.

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Definitions:

Controller

A senior financial officer responsible for managing a company's accounting operations, including the production of periodic financial reports, maintenance of accounting records, and a comprehensive set of controls and budgets.

Accounts Receivable Balance

The cumulative sum of money that a company's customers owe for products or services that have been provided but remain unpaid.

Credit Manager

A professional responsible for managing a company's credit policies and ensuring customers meet their debt obligations.

Accounts Receivable Balance

The cumulative financial obligation customers have towards a company for goods or services received but not yet remunerated.