22. Many types of socially responsible actions can be consistent with a firm’s long-term profit resulting in some degree of _____ being earned by such behavior.
a. moneyb. respectc. goodwilld. management expertiseANS: C PTS: 1 DIF: Difficulty: ModerateREF: p. 40 OBJ: LO: 2-2b NAT: BUSPROG: EthicsSTA: DISC: Finance KEY: Bloom’s: Evaluation
23. A band who fails to record the cash they collected for admission to their shows could be charged with what illegal practice?
24. A person understating income or claiming personal expenses as business expenses is guilty of_____.