In Terms of the Classification and Approaches to Ethics Programs,which

question 13

Multiple Choice

In terms of the classification and approaches to ethics programs,which of the following is true?

• A) Values-based programs are linked to codes of conduct.
• B) Compliance programs use codes of ethics.
• C) Formal programs are written as codes of conduct.
• D) Codes of values facilitate the monopolist's approach.
• E) Compliance programs are employee-driven.

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Definitions:

Accounting Standards

Accounting Standards are formal guidelines and rules for financial accounting practices that ensure consistency, reliability, and comparability of financial reporting.

SEC

The Securities and Exchange Commission, a U.S. government agency responsible for enforcing federal securities laws and regulating the securities industry.

Generally Accepted Accounting Principles

A collection of commonly followed accounting rules and standards for financial reporting in the United States.

Financial Accounting Standards Board

An independent organization responsible for establishing accounting and financial reporting standards for companies and non-profit organizations in the United States.