Professional Behaviour Refers to the Obligation That All Members of the Professional

question 49

Multiple Choice

Professional behaviour refers to the obligation that all members of the professional bodies:

• A)refrain from disclosing information to people outside of their workplace that is learned as a result of their employment.
• B)not allow their personal feelings or prejudices to influence their professional judgement.
• C)ensure that they do not harm the reputation of the accounting profession.
• D)be straightforward and honest.

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Definitions:

Wages

Payments made to workers for their labor, typically calculated on an hourly, daily, or weekly basis.

Rate of Return on Capital

The percentage return that one receives on an investment in capital assets, reflecting the profitability of the investment.

Capital Stock

The total value of all physical assets a company uses in its production process.

Business Income

Income earned from the operation of a business or the sale of goods and services.