Which of the Following Statements Describes a Whistle-Blower

question 82

Multiple Choice

Which of the following statements describes a whistle-blower?

• A)An employee is unhappy because his company is downsizing.
• B)An employee tells the Consumer Product Safety Commission his company falsified safety reports on a child's car seat.
• C)A salesperson for a hardware wholesaler tries to sell insurance to his regular customers in order to earn some extra income.
• D)An employee loses her retirement fund due to a downturn in the stock market.

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Definitions:

Pretax Profit

The profit earned by a company before any tax is deducted, showing the company's earnings directly from its operations.

Break-Even Point

The financial state where total costs equal total revenues, resulting in no net loss or gain for the business.

Variable Costs

Spendings that move in tandem with the level of output or number of sales.

Sales Dollars

The total revenue generated from the sale of goods or services before any expenses are deducted.