Ronald Is an Accountant at Bradmink Corporation

question 46

Multiple Choice

Ronald is an accountant at Bradmink Corporation.He has come to know that his company has been embezzling large sums of money from its clients.Ronald then informs the authorities of his company's illegal activities.This scenario illustrates _____.

• A)external adaptation
• B)conscious capitalism
• C)organizational disclosure
• D)whistle-blowing

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Definitions:

Inflation Rate

The level of acceleration in the overall pricing of goods and services, resulting in a decline in buying efficiency.

Nominal Interest Rate

The rate of interest before adjusting for inflation, representing the face value of interest payments made on savings or loans.

Real Interest Rate

The interest rate adjusted for inflation, representing the real cost of borrowing and the real yield to lenders.

Inflation

A general increase in prices and fall in the purchasing value of money over time.