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Exam (elaborations)

Business Ethics FBLA Question and answers 100% correct 2023/2024

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Business Ethics FBLA Question and answers 100% correct 2023/2024Accountability - correct answer refers to how closely workplace decisions are aligned with a firm's strategic direction Oversight* - correct answer provides a system of checks and balances that limits employees and minimizes opportunities for misconduct Federal Sentencing Guidelines for Organizations* - correct answer standards and procedures capable of detecting and preventing misconduct: -high level of oversignt - care in delegation of authority - systems to monitor, audit, and report misconduct Audit - correct answer a methodical examination or review of a condition or situation. also, a review of the accounting practices of a company made by a CPA Primary stakeholder* - correct answer those whose continued association is necessary for a firm's survival Secondary stakeholder* - correct answer those who are not essential to a company's survival (media, trade, associations, etc.) Stakeholder orientation - correct answer the degree to which a firm understands and addresses stakeholder demands. -3 activities: generation of data, distribution of info., organization's responsiveness Stakeholder - correct a

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