The IIA Code of Ethics Rules of Conduct Regarding Integrity

question 36

Multiple Choice

The IIA Code of Ethics Rules of Conduct regarding integrity include all of the following except:

• A) shall perform their work with honesty, diligence, and responsibility.
• B) shall observe the law and make disclosures expected by the law and the profession.
• C) shall not knowingly be a party to any illegal activity, or engage in acts that are discreditable to the profession of internal auditing or to the organization.
• D) shall be licensed by a governmental agency.
• E) shall respect and contribute to the legitimate and ethical objectives of the organization.

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Definitions:

Units

The basic measure or quantity of something, used as a standard for expressing and comparing amounts.

Equilibrium Price

The market price at which the quantity of an item demanded by consumers equals the quantity supplied by producers, leading to market stability.

Equilibrium Quantity

The quantity of goods or services supplied is exactly equal to the quantity demanded at the market price.

Diagram

A graphical representation used to illustrate relationships between different elements or steps in a process.