A Conflict of Interest Occurs When You Are in a Position

question 49

Multiple Choice

A conflict of interest occurs when you are in a position to influence a decision:

• A) That will make a change in the company
• B) From which you could benefit directly or indirectly
• C) That others do not agree with
• D) All of the above
• E) None of the above

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Definitions:

U.S. Saving

The portion of income that individuals, businesses, and the government in the United States set aside rather than spending it immediately.

National Saving

The sum of private and public savings in a country, representing the total income remaining after expenditures on goods and services.

Domestic Investment

The total investment in physical assets such as buildings and machinery within a country's borders.

Goods And Services

Physical items and intangible benefits provided to satisfy the wants and needs of consumers.