Which ONE of the Following Statements Is True

question 28

Multiple Choice

Which ONE of the following statements is true?

• A) Financial shortage costs arise mainly from illiquidity-shortage of cash or a lack of marketable securities to sell for cash.
• B) Operating shortage costs result from lost production and sales.
• C) Operating shortage costs can be substantial, especially if the product markets are competitive.
• D) All of the above.

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Definitions:

Human Resource

Refers to the department within an organization that is responsible for hiring, training, compensating, and maintaining policies for the employees.

Archie Carroll

An academic known for his work in corporate social responsibility, including the pyramid model that outlines the responsibilities of businesses.

Ethical Aspects

Refers to the principles and values that govern the behavior of individuals and organizations in regards to right and wrong decisions and actions.

Unethical Practices

Actions or practices that are considered morally wrong, either by violating company policies or broader societal norms.