What Ethical Standard Is Being Violated When You Tell a Friend

question 87

Multiple Choice

What ethical standard is being violated when you tell a friend that the company you work for is going to report lower than expected earnings next week?

• A)Credibility
• B)Integrity
• C)Confidentiality
• D)Competence

---

Definitions:

Salespersons

Individuals who sell goods and services to customers, aiming to meet customer needs and achieve sales targets.

Absorption Costing

An accounting approach that incorporates all costs of production, including both variable and fixed overheads, into the price of a product.

Variable Costing

An accounting method that includes only variable production costs in the cost of goods sold and treats fixed overhead costs as period expenses.

Manufacturing Cost

This encompasses the total expenses related to producing goods, including costs for materials, labor, and overhead.