The Most Recent International Code of Ethics for Professional Accountants

question 17

Multiple Choice

The most recent International Code of Ethics for Professional Accountants mandates that professional accountants must protect the public interest because professionals serving the public:

• A)must be trusted by the public.
• B)must serve only the best interests of their client.
• C)must do what their boss says.
• D)must do only what is in their self-interest.

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Definitions:

Resignation Letters

Written notifications by an employee to inform an employer of their decision to leave the company.

Neutralize

To make something ineffective by applying an opposite force or effect, often used in the context of reducing or eliminating threats or negative impacts.

Rejections and Refusals

The act of not accepting, approving, or agreeing to something, often communicated formally or in writing.

Organization's Culture

The shared values, beliefs, customs, and practices that influence the behavior and actions of members within an organization.