Which of the Following Is NOT True Regarding Ethics in Organizations

question 67

Multiple Choice

Which of the following is NOT true regarding ethics in organizations?

• A) In recent years, ethics has become a major issue in U.S. organizations owing to corporate scandals such as Enron or WorldCom.
• B) Corporate scandals such as Enron and WorldCom have created a lack of trust in management.
• C) Companies that were in corporate scandals did not have codes of ethics.
• D) Codes of ethics are increasingly popular in U.S. organizations.
• E) A mission statement details an organization's primary values and the ethical rules it expects managers and employees to follow. .

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Definitions:

Operating Cash Flow

A metric reflecting the cash flow from a company's core operations.

Net Income

Net income is the total earnings of a company after all expenses and taxes have been subtracted from revenues, representing the profit during a specific period.

Depreciation

Allocation of the cost of an asset over its useful life, recognizing the reduction in value due to wear and use.

Bid Price

The price at which a buyer is willing to purchase a security, currency, or commodity.