Which of the Following Is NOT a Fundamental Principle in Codes

question 2

Multiple Choice

Which of the following is NOT a fundamental principle in codes of conduct for professional accountants?

• A)Act in the client's best interest
• B)Objectivity and independence
• C)Maintain the good reputation of the profession
• D)Maintain confidentiality
• E)Not to be associated with misleading information

---

Definitions:

Return On Assets

A financial ratio indicating how profitable a company is relative to its total assets, measuring efficiency in using assets to generate earnings.

Earnings Before Interest And Taxes

A financial metric indicating the profitability of a business before accounting for interest and tax expenses.

Excess Capacity

The situation in which a facility or operation can produce more than is being demanded by its customers.

Distribution Sites

Locations where goods are stored and distributed to retailers or directly to customers.