Which of the Following Is Not Something That Managers Can

question 55

Multiple Choice

Which of the following is not something that managers can do to make sure that ethical issues are considered in business decisions?

• A) Hire and promote people who have a strong sense of personal ethics
• B) Build an organizational culture that places a high value on ethical behavior
• C) Adopt the Friedman doctrine
• D) Act with moral courage
• E) Put decision-making processes in place that require people to consider ethical dimensions of business decisions

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Definitions:

Cash Account

A financial record that tracks the cash transactions of a business, reflecting all inflows and outflows of cash.

Evaluating Across Companies

The process of comparing financial performance, strategies, and metrics of different companies within the same industry.

Petty Cash Fund

A small amount of cash kept on hand for minor or incidental expenses within a business.

Journal Entry

A record in accounting that represents a transaction and its effects on various accounts, typically involving at least one debit and one credit.