The Code of Ethics of the Institute of Chartered Accountants

question 32

Multiple Choice

The Code of Ethics of the Institute of Chartered Accountants Scotland applies to:

• A)Fully qualitified accountants.
• B)All members, including students, in their professional and business activities, whether those activities are paid or voluntary.
• C)Fully qualified accountants working in a paid capacity.
• D)All accountants working in a paid capacity.

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Definitions:

Decay Theory

The oldest theory of forgetting, which holds that memories, if not used, fade with time and ultimately disappear altogether.

Encoding Failure

is a failure to process and store information into memory, leading to its unavailability for later retrieval.

Interference

A cause of forgetting that occurs because information or associations stored either before or after a given memory hinder the ability to remember it.

Consideration Failure

An oversight or neglect in thoroughly thinking through or regarding all aspects and consequences of a decision or action.