Who Is Typically Responsible for Creating,distributing,and Enforcing a Formal Code

question 180

Multiple Choice

Who is typically responsible for creating,distributing,and enforcing a formal code of conduct?

• A)Chief executive officer
• B)Vice president of marketing
• C)Morale manager
• D)Ethics officer
• E)Managers and supervisors

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Definitions:

Chequing Account

A bank account that allows the holder to make deposits, withdrawals, and payments via cheques and is typically used for everyday transactions.

Paycheque

A check issued to an employee for earned wages, representing the net amount after deductions such as taxes and social security contributions.

Compensating Balances

A minimum bank account balance a borrower is required to maintain as part of a loan agreement, offering the bank some security.

Transactional Motive

The transactional motive is the need to hold cash for the purpose of conducting day-to-day business operations, such as paying wages and suppliers.