Which of the Following Statements About the Ethical Climate of Business

question 55

Multiple Choice

Which of the following statements about the ethical climate of business is false?

• A) Greedy corporate executives are, in part, to blame for the rash of corporate scandals that occurred not too long ago.
• B) Unethical business behavior can have a negative impact on our economy.
• C) The Sarbanes-Oxley Act strives to improve the overall quality of corporate reporting.
• D) The Robinson-Patman Act strives to improve the overall quality of corporate reporting.
• E) Corporate scandals have served as the accounting profession's wake-up call to pay increased attention to ethical issues in the conduct of business.

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Definitions:

Export Of Fish

The international trade of fish and seafood products from one country to another.

Anne Hutchinson

A key figure in early American history, known for her role in the Antinomian Controversy, challenging the Puritan orthodoxy and advocating for religious freedom in the Massachusetts Bay Colony.

Roger Williams

A Puritan minister, theologian, and author who founded the Providence Plantations, which became the Colony of Rhode Island, and advocated for separation of church and state.