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Standard XII
Business Studies
Methods of Floatation
The ethical i...
Question
The ethical issues in finance that companies and employees are confronted with include ___________.
A
fraudulent asset valuations
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B
insider trading
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C
over billing of expenses
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D
all the above
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Solution
The correct option is
C
all the above
The ethical issues in finance that companies and employees are confronted with include:
— In accounting – window dressing, misleading financial analysis.
— Related party transactions not at arm length
— Insider trading, securities fraud leading to manipulation of the financial markets.
— Executive compensation.
— Bribery, kickbacks, over billing of expenses and facilitation payments.
— Fake reimbursements.
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