Which of the Following Statements Is False

question 25

Multiple Choice

Which of the following statements is false?

• A) The Cadbury Commission stiffened the criminal penalties for providing false information to shareholders.
• B) The Exchange Acts of 1933 and 1934, among other things, established the Securities and Exchange Commission (SEC) and prohibited trading on private information gained as an insider of a firm.
• C) Many of the problems at Enron, WorldCom, and elsewhere were kept hidden from boards and shareholders until it was too late. In the wake of these scandals, many people felt that the accounting statements of these companies, while often remaining true to the letter of GAAP, did not present an accurate picture of the financial health of a company.
• D) While one study found that those firms that separated the position of CEO and chairman performed better, another found no relation between the independence of key board committees and firm performance in the post-Cadbury era.

Identify ethical dilemmas and appropriate decision-making processes in social work practice.

Recognize the importance of qualifications, ability, and skill in effective social work practice.

Understand the ethical guidelines regarding professional behavior and interpersonal relationships within the workplace.

Learn the ethical considerations necessary in protecting client welfare and maintaining professional integrity.

---

Definitions:

Buzzwords

Popular technical or fashionable jargon used in a particular field, often to impress rather than inform.

Jargon

A specific set of terms and languages utilized by a certain profession or group that might be challenging for individuals outside of that group to comprehend.

Passive Voice

The passive voice is a grammatical voice where the subject of the sentence is acted upon by the verb, often shifting the focus from the doer of the action to the receiver of the action.

Appropriate Use

The employment of tools, resources, or information in a manner that is suitable and proper for the intended purpose or context.