Ethics Refers to the ________

question 12

Multiple Choice

Ethics refers to the ________.

• A) basic beliefs about what is right or wrong
• B) values, traditions, and behaviors a company's employees share
• C) principles of conduct governing an individual or group
• D) standards used by the organization to decide upon proper conduct
• E) standards of behavior accepted by society

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Definitions:

Payroll Tax

Levies charged to both employers and employees, based on a percentage of the wages that employees receive from their employers.

Wage-Base Limitation

A ceiling on the amount of an employee's income that is subject to certain taxes or contributions.

Progressive

A political and social philosophy advocating for reform and improvements in social justice, welfare, and the protection of civil liberties.

Regressive

A term describing a tax system where the tax rate decreases as the taxable amount increases, disproportionately affecting those with lower incomes.