Business Ethics FBLA exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+

Business Ethics FBLA exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Accountability - Answer -refers to how closely workplace decisions are aligned with a firm's strategic direction Oversight* - Answer -provides a system of checks and balances that limits employees and minimizes opportunities for misconduct Federal Sentencing Guidelines for Organizations* - 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 - 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* - Answer -those whose continued association is necessary for a firm's survivalSecondary stakeholder* - Answer -those who are not essential to a company's survival (media, trade, associations, etc.) Stakeholder orientation - Answer -the degree to which a firm understands and addresses stakeholder demands. -3 activities: generation of data, distribution of info., organization