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.

---

Definitions:

Benchmark

A standard or point of reference against which the performance of a security, mutual fund, or investment manager can be measured.

Management Fee

A charge paid to a company's managers for their services, often a percentage of managed assets or profits.

Net Return

The profit or loss from an investment after all expenses, including taxes, fees, and costs, have been subtracted.

Market Neutral

An investment strategy aiming to achieve returns independent of the overall market direction by simultaneously buying assets expected to rise and shorting assets expected to fall.