In the Event of an Ethical Breach by a Payroll

question 65

Multiple Choice

In the event of an ethical breach by a payroll accountant,which entity is ultimately liable for any monetary damages due to stakeholders?

• A)The payroll accountant
• B)The company's CEO or president
• C)The governmental entity associated with company oversight
• D)The entity that issued the license to the accountant

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Definitions:

Classical Management Strategy

A set of principles for managing organizations that emphasizes planning, organizing, leading, and controlling.

Horizontal Communication

The exchange of information between individuals or units of an organization at the same hierarchical level, aimed at coordination and collaboration.

Organizational Structure

The system used to define a hierarchy within an organization, specifying roles, responsibilities, and the flow of information.

External Uncertainty

The unpredictability in an organization's external environment that can affect its operations and performance, including economic, social, and political factors.