Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

6. Internal Controls and Reporting Cash

Fraud and the Fraud Triangle

Financial Accounting

6. Internal Controls and Reporting Cash

Fraud and the Fraud Triangle

Previous problemNext problem

Struggling with Financial Accounting?

Join thousands of students who trust us to help them ace their exams!Watch the first video

Multiple Choice

Which of the following is NOT a way that managers can create and support an ethical organization?

Rewarding employees for meeting targets regardless of the methods used

Providing regular ethics training to all employees

Establishing a clear code of conduct and ethical policies

Encouraging open communication and whistleblower protection

Previous problemNext problem

Verified step by step guidance

Understand the context of the question: The problem is asking which option does NOT align with creating and supporting an ethical organization. This requires analyzing each option to determine its alignment with ethical practices.

Review the first option: 'Rewarding employees for meeting targets regardless of the methods used.' Consider whether this approach supports ethical behavior. Reflect on how ignoring the methods used to achieve targets might lead to unethical practices.

Examine the second option: 'Providing regular ethics training to all employees.' Think about how ethics training contributes to an ethical organization by educating employees on proper conduct and decision-making.

Analyze the third option: 'Establishing a clear code of conduct and ethical policies.' Evaluate how having a code of conduct and policies provides a framework for ethical behavior and decision-making within the organization.

Evaluate the fourth option: 'Encouraging open communication and whistleblower protection.' Consider how fostering transparency and protecting whistleblowers supports ethical practices by allowing employees to report unethical behavior without fear of retaliation.