Which Ethical Standard Has Been Violated If an Accountant Fails

question 87

Multiple Choice

Which ethical standard has been violated if an accountant fails to disclose relevant information pertaining to a financial statement?

• A)Competence
• B)Confidentiality
• C)Integrity
• D)Credibility

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Definitions:

Majority Rule

A decision-making process that follows the preference of more than half of the members in a group.

Public Choice Analysis

An economic theory that studies how public decisions are made, considering individuals as rational actors who pursue their self-interest.

Self-Interests

The pursuit of personal advantage and well-being, often driving economic decisions and behaviors.