Whether Employees and Managers of an Organization Behave Ethically Is

question 78

Multiple Choice

Whether employees and managers of an organization behave ethically is fundamentally a function of

• A) professional codes of ethics.
• B) the relevant laws and legal guidelines applying to the organization and its industry.
• C) the employee's level of education.
• D) the organization's culture.

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Definitions:

Capitalized

The process of recording a cost or expense on the balance sheet for the purposes of delaying full recognition of the expense over time through depreciation or amortization.

Interest Capitalization

The process of adding unpaid interest to the principal balance of a loan, thereby increasing the total amount owed.

Capital Expenditures

Capital allocated by a corporation to purchase, improve, and manage tangible assets like land, factories, or machinery.

Long-lived Assets

Assets that are expected to provide economic benefits to a company for a period longer than one year, such as buildings or equipment.