All of the Following Statements About the Creation of a Code

question 126

Multiple Choice

All of the following statements about the creation of a code of ethics are true EXCEPT:

• A) A written code helps employees avoid confusion when determining whether their decisions are ethical.
• B) A code can be an effective internal control on behavior.
• C) The process of formulating the code facilitates discussions that ultimately create better decisions.
• D) A code helps employees identify what their firm recognizes to be acceptable business practices.
• E) A code guarantees ethical behavior among a firm's employees.

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Definitions:

Alpha Levels

A threshold value that determines the significance level of a statistical test, representing the probability of rejecting a true null hypothesis (committing a Type I error).

Two-tailed Test

A statistical test that considers the possibility of both positive and negative differences or effects.

Research Hypothesis

A specific and testable prediction about the relationship between two or more variables.

Alternative Hypothesis

A hypothesis that contradicts the null hypothesis, suggesting that there is a statistical effect or a significant difference in the population.