The Four-Way Test

question 92

Multiple Choice

The four-way test:

• A)is a means of identifying potential whistleblowers within an organizational setting.
• B)is a generic means of assessing whether a business transaction is ethical.
• C)relies on Theory Y attitudes.
• D)only needs a 'yes' answer to one of the four questions to be considered ethical.

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Definitions:

Requirements

Specific criteria or conditions that must be met in order to fulfill an agreement or complete a project.

Bearer Instrument

A bearer instrument is a type of document that allows the holder to claim the rights or assets it represents without endorsing or proving ownership.

Order Instrument

A financial document that is payable to a specified person or entity, such as a check, which requires endorsement for cashing or deposit.

Endorsed

Officially approved or supported, or signed on the back to transfer ownership or to show agreement.