The Statement Relating to Ethics That Is True Is

question 14

Multiple Choice

The statement relating to ethics that is true is:

• A)Statements of best practice are a part of providing good corporate governance.
• B)Resolving ethical issues outside an organisation is always the best solution to ethical dilemmas.
• C)Insider trading is not illegal.
• D)There is no distinction between the rules of morality and the rules of prudence.

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Definitions:

Machinery

Tools, equipment, and devices that perform various tasks in the production process, often indicating the fixed assets used in manufacturing or production.

Equipment

Tangible items purchased for use in the production or supply of goods and services, not intended for sale as part of regular operations.

Depreciated

The reduction in the value of an asset over time, often due to wear and tear or obsolescence.

Tax Purposes

Refers to the reasons or motivations behind actions taken or strategies employed to minimize tax liability or comply with tax laws.