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Which Statement Describes a Managerial Action That Does Not Unethically

Question 7

Multiple Choice

Which statement describes a managerial action that does not unethically impose costs upon stockholders and other stakeholders?


A) The action imposes unwanted costs on stockholders and stakeholder by giving up some alternatives in favor of others in the interest of maintaining the fiscal stability of the enterprise.
B) A personal interest of a manager hinders the exercise of his or her professional judgment.
C) A portion of some payment is kicked back to the payer as an incentive to make the payment in the first place.
D) Financial advisors receive payments from a brokerage house to pay for research and legal services that should be used to benefit the advisors' clients, not the advisors' personal interests.

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