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Questions and Answers
A code of ethics and a values statement are always distinct and never used interchangeably in organizations.
False
A code of ethics should only reflect upper managers' desire for compliance with rules, and not necessarily support an ethical culture.
False
Legal staff involvement in developing a code of ethics is unnecessary as long as the upper management is involved.
False
Corporate codes of ethics typically contain about eight core values or principles according to research findings.
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Values stated in a code of ethics will always be effective without the distribution, training, and support of top management.
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