US CMA Part 2 · Chapter 9 · Question 16 of 23
The phrase "tone at the top" refers to:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) The ethical climate set by the board and senior management through their words and behavior
Explanation
Tone at the top describes the ethical atmosphere created by an organization's leadership. When directors and senior managers visibly demonstrate integrity and hold others accountable, employees are more likely to behave ethically. It is widely regarded as the foundation of an effective ethics and compliance program.
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