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Why Is It Important to Have a Global Code of Ethics

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Why is it important to have a Global Code of Ethics for professional accountants around the world? That is, what is such a code trying to accomplish?


Definitions:

Complementary DNA

DNA synthesized from a messenger RNA template, allowing for the cloning and examination of specific genes.

ENCODE Project

A research initiative aimed at identifying all functional elements in the human genome.

Human Genome

The entire collection of human nucleic acid sequences, represented as DNA across the 23 pairs of chromosomes in cell nuclei and a small DNA molecule located in the mitochondria of each cell.

Biological Function

The roles and activities through which living organisms survive, such as reproduction and metabolism.

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