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What Are the Six Ethical Principles Stated in the Code

question 16

Essay

What are the six Ethical Principles stated in the Code of Professional Conduct?
Briefly discuss each principle. Are these principles enforceable?


Definitions:

Transit Bus Technicians

Skilled professionals responsible for the maintenance and repair of buses used in public transportation.

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows.

Present Value

The valuation in today's terms of a future sum or series of financial inflows, taking into account a particular rate of return.

Investment Cost

Investment cost refers to the total amount of money spent to acquire an asset, including purchase price and all associated expenses.

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