According to the Text, Which Are the Four Basic Categories

question 17

Multiple Choice

According to the text, which are the four basic categories of ethical business issues where information technology has caused ethical controversy?

• A) Intellectual property rights, customer and employee privacy, security of company information, and workplace safety
• B) Executive salaries, affirmative action, whistle blowing, and advertising content
• C) Product pricing, shareholder interests, inappropriate gifts, divestment
• D) Comparable worth, sexual harassment, employee conflicts of interest, product safety

---

Definitions:

Standard Cost Variances

Differences between the expected (standard) costs of a product or service and the actual costs incurred.

Standard Cost System

A cost accounting system that uses cost standards for prices and quantities to control costs.

Cost of Goods Sold

The expenses directly related to the manufacturing of products a company sells, such as raw materials and workforce costs.

Selling and Administrative Expenses

Operating expenses not directly tied to the production of goods, including costs related to sales, marketing, and general administration.