Which of the Following Statements Is True

question 23

Multiple Choice

Which of the following statements is true?

• A)Ethical practice is good business.
• B)Most companies have no code of ethics for employees to follow.
• C)Accountants have no incentive to behave ethically.
• D)Members of CPA Canada have no set rules of professional conduct for their members.

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Definitions:

Critical-Thinking Skill

The ability to logically analyze information and arguments, identify biases or assumptions, and make reasoned conclusions.

Objectively Gathering

The process of collecting data or information without bias, ensuring accuracy and reliability in research or assessments.

Information

Data that have been processed, organized, or structured in a given context to be meaningful or useful to its receiver.

Reasoned Thought

The process of thinking about something in a logical, rational manner to form a conclusion or judgment.