A Corporate Financial Manager Who Is Trying to Create Value

question 66

Multiple Choice

A corporate financial manager who is trying to create value for its shareholders:

• A)is not concerned with ethics but rather with writing iron-clad contracts.
• B)can safely ignore ethics as long as no laws are broken.
• C)must behave ethically to stay out of jail.
• D)is concerned with ethics because unethical behavior destroys trust,and businesses cannot function without a certain degree of trust.

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Definitions:

Z

Often refers to a Z-score in statistics, representing the number of standard deviations a data point is from the mean.

Continuous Random Variables

Variables that can take on numerous values within a defined range.

Examples

Examples are specific instances or items that are representative of a general case or category, often used to illustrate a point or explain a concept.

Normally Distributed

A distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.