Whistle-Blowers Refer to

question 94

Multiple Choice

Whistle-blowers refer to

• A) employees who are simultaneously employed by competing firms and who trade company secrets.
• B) employees who blackmail or extort money from their employers.
• C) employees who are coerced by their employers to participate in illegal or unethical activities.
• D) customers who report unethical or illegal actions of the firms that market the offerings they purchased.
• E) employees who report unethical or illegal actions of their employers.

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Definitions:

Revenue Journal

A specialized accounting journal used to record the company's revenue transactions, distinguishing them from other types of financial transactions.

Accounts Payable Subsidiary Ledger

The subsidiary ledger containing the individual accounts with creditors (suppliers).

Cash Payments Journal

A business ledger that documents every cash expenditure or payment conducted by a company.

Purchases Journal

A purchases journal is a special journal used in accounting to record all purchases of merchandise, supplies, or other assets on credit.