Which of the Following Differentiates Confidentiality and Credibility Under the Standards

question 139

Multiple Choice

Which of the following differentiates confidentiality and credibility under the Standards of Ethical Conduct?

• A) Credibility deals with refraining from activities that would prejudice carrying duties ethically, while confidentiality deals with communicating information fairly and objectively.
• B) Confidentiality deals with refraining from the usage of critical information for unethical or illegal advantage, while credibility ensures disclosing the relevant information that would help the intended user's understanding.
• C) Credibility deals with refraining from the usage of critical information for unethical or illegal advantage, while confidentiality ensures disclosing the relevant information that would help the user's understanding.
• D) Credibility ensures appropriate level of professional expertise by continually developing knowledge and skills, while confidentiality encourages mitigation of actual conflicts of interest.

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Definitions:

Base Salary

The fixed amount of money a worker receives from their employer before any extra compensations such as bonuses.

Long-term Incentive

Compensation awarded to employees in the form of stock, options, or other performance-linked rewards that vest over a period longer than one year to encourage long-term commitment.

Long-term Incentives

Reward systems designed to improve employees' long-term performance by providing benefits such as stock options, restricted stock, and performance plans.

Prosperity

A state of economic wellbeing and flourishing, characterized by financial success or growth.