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An Advantage of Specific Rules in the Code of Ethics

question 68

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An advantage of specific rules in the Code of Ethics for Professional Accountants is the enforceability of minimum behaviour and performance standards.


Definitions:

Parasitic

Describes organisms that live on or in a host organism and cause harm to the host.

Scavenging

The act of consuming dead or decaying organic material, a behavior observed in some animals, bacteria, and fungi.

Ectotherm

Animal in which internal temperature is regulated by changes in behavior; for example, a fish or a lizard.

Reptiles

Cold-blooded, vertebrate animals that lay eggs and have skin covered with scales or bony plates.

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