All categories

4 years ago

The role of the CEO in setting the ethical tone for a company is:

Business

1 answer:

Ray Of Light [21]4 years ago

7 0

Answer: Option (C) is correct

Explanation:

CEO is known as the highest-ranking official in an organization, his/her primary responsibilities tend to include making corporate decisions, also managing overall resources and operations of an organization, thereby acting as liaison between board of directors and the corporate operations and also being public face of an organization. The ethical responsibilities of a CEO includes establishing great ethical standards, precisely communicating these standards and thus demonstrating strong and personal commitment to each and every one of them.

You might be interested in

What do you prefer Aldi or Lidl? and why?

Jlenok [28]

Aldi!!! Personal preference due to the organization.

4 0

3 years ago

In violation of company policy, lowell company erroneously capitalized the cost of painting its warehouse. the auditors examinin

poizon [28]

Answer: Examining the construction work orders supporting items capitalized during the year.

Explanation:

When the Auditors start to examine the work orders that support the Capitalization of items during the year, they will come across the work order for Painting the Warehouse.

Painting a warehouse is not to be capitalized if it had nothing to do with getting the warehouse ready for use by the company.

8 0

4 years ago

The City of West Hutchison is constructing a new road, which it estimates will cost $7.2 million. The city will finance the road

Mice21 [21]

Answer:

Budgetary fund balance reserved for encumbrances (DR) $7,200,000

Encumbrances-Capital Project (CR) $7,200,000

Cash (DR) $1,200,000

Government Grant (CR) $1,200,000

Cash (DR) $6,000,000

Bonds Payable (CR) $6,000,000

Explanation:

1. The Budgetary entry for encumbrance is given as follows :

Budgetary fund balance reserved for encumbrances (DR) $7,200,000

Encumbrances-Capital Project (CR) $7,200,000

2. The government grant received will be recorded as :

Cash (DR) $1,200,000

Government Grant (CR) $1,200,000

3. The Issuance of Bonds needs to be recorded in the journal ledger as :

Cash (DR) $6,000,000

Bonds Payable (CR) $6,000,000

6 0

4 years ago

Which resumé tends to be used to cover employment gaps?

Marina CMI [18]

Functional is the resum<span>é which tends to be used to cover employment gaps.</span>

5 0

3 years ago

Read 2 more answers

Under IFRS, when a lessee recognizes a balance sheet asset and liability for a new lease: the asset and liability are equal. the

irina [24]

Answer:

the asset and liability are equal.

Explanation:

IFRS 16 lease and IAS 17 deals in important changes where the lease transactions are reported in the lessee financial statement

In this the assets and liabilities that are occured from the lease should be initially determined on the present value basis

Also the assets and liability are equivalent to each other

Therefore the first option is correct

5 0

3 years ago