Which of the Following Is Not an Element of Competency

question 13

Multiple Choice

Which of the following is not an element of competency?

• A) To develop appropriate knowledge about a particular subject.
• B) To perform duties in accordance with relevant laws.
• C) To perform duties in accordance with relevant technical standards.
• D) To refrain from engaging in an activity that would discredit the accounting profession.
• E) To prepare clear reports after an analysis of relevant and reliable information.

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Definitions:

Organizational Buyers

Businesses or entities that purchase goods and services for their own use, for production, or for resale to others.

Raw Materials

The basic substances or components that are processed or refined to create finished goods or products.

Manufacturers

Companies or entities that make goods through a process involving raw materials, components, or assemblies, usually on a large scale.

Organizational Buyers

Entities such as companies, governments, and institutions that purchase goods or services for purposes other than personal consumption, often involving more complex processes and larger transactions than individual consumers.