27 28 29 30 1 Amy Curtin sells used cars of a reliable brand. Curtin has no knowledge of the history of any of the specific cars. She believes that the brand is reliable, and is considering whether it is acceptable to offer only this general information rather than specific information regarding the cars when trying to complete each sale. The company has always preferred to make the sale and worry about any warranty issues later and there are no legal disclosure requirements in their jurisdiction. Curtin considers herself to be an ethical person, but she does not want to lose out on any potential sales of vehicles that are most likely in good mechanical condition. Which one of the following statements best represents what Curtin should consider related to the meaning of ethics? Time Value Tables Calculator D A Ethics is driven by compliance with a set of regulations or laws. B Ethics is about being consistent with the ethical tone set by the organization. C Ethics is about the integrity of the decision making process to resolve issues. Ethics is about decisions where the relevant policies are informal and not documented. 27 28 29 O When an organization develops a values-based ethics system, the first phase is to Time Value Tables Calculator B A determine the expectations of management regarding ethical compliance. obtain a checklist of ethical compliance issues from an integrated framework. C assess the existing ethical culture in the organization. D require employees to read the organization's code of ethics. 27 A If a company aims to create a genuine commitment to ethical objectives among its employees, the best method to achieve this goal is for the company to foster Time Value Tables Calculator a culture of compliance with management directives regarding ethical behavior. B diversity of thought to align management with staff and create shared commitments. C a zero-tolerance environment toward illegal acts and unethical conduct. D an environment of open and honest communication about ethical failings. 27 28 29 30 1 The CFO has asked his analyst to provide an analysis of how earnings could look if risks were better managed. He has asked that variables related to the primary risks (for example, interest rates) be examined to determine how they influence earnings. What should the analyst prepare to meet the expectations of the CFO? Time Value Tables Calculator A Cash flow earnings at risk. B Earnings at risk. C Earnings risk distributions. D Earnings per share risk distributions