In Accordance with the IFAC Code of Conduct,if an Accountant

question 12

Multiple Choice

In accordance with the IFAC Code of Conduct,if an accountant working as an industry accountant wishes to change jobs by joining a direct competitor to her current employer,she:

• A) May do so, but is discouraged from doing so
• B) May do so, and is neither encouraged nor discouraged from doing so
• C) Is expressly prohibited from doing so because the experiences gained at her prior employer will invariably be utilized on the new job to the harm of the prior employer
• D) May do so after a one-year waiting period that commences on the day that she ceases work for the former employer

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Definitions:

Rational Ways

Approaches or methods guided by logic and reason, often emphasizing the importance of evidence-based decision-making.

Intrinsically Unethical

Refers to actions or behaviors that are inherently wrong or immoral by nature, regardless of context or consequences.

Branding

The marketing practice of creating a name, symbol, or design that identifies and differentiates a product or company from others.

Branding Strategy

A plan that involves the creation of a unique identity and image for a product or company in the market, aiming to differentiate it from competitors and build a loyal customer base.