One Mark of a Professional Is Adherence to a Code

question 40

Multiple Choice

One mark of a professional is adherence to a code of ethical behavior.Which of the following statements is most true?

• A)As the phrase is used in accounting, "code of ethical behavior" refers to utilitarianism and ethical egoism.
• B)As the phrase is used in accounting, "code of ethical behavior" refers to deontology and virtue ethics.
• C)Both as the phrase is used in accounting, "code of ethical behavior" refers to utilitarianism and ethical egoism and as the phrase is used in accounting, "code of ethical behavior" refers to deontology and virtue ethics are true.
• D)Neither as the phrase is used in accounting, "code of ethical behavior" refers to utilitarianism and ethical egoism nor as the phrase is used in accounting, "code of ethical behavior" refers to deontology and virtue ethics is true.

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Definitions:

Legislator

An individual who has the power to make, change, or repeal laws within a government.

Secondary Effects

Unintended consequences or outcomes that arise from a primary action or decision.

Unintended Consequences

Outcomes that are not the ones foreseen and intended by a purposeful action, often contrary to the original intentions.

Economic Change

Alterations in the structure, performance, or state of an economy over a period, influenced by policy, innovation, and external factors.