Asked by Michael Hernandez on Jun 05, 2024
Verified
Which of the following is NOT included in Codes of Ethics for professional accountants?
A) Professional competence
B) Confidentiality
C) Objectivity
D) Compensation
Codes Of Ethics
A set of guidelines designed to help professionals conduct business honestly and with integrity.
Professional Competence
Professional competence refers to the ability and expertise to perform a task or job effectively, meeting the required standards of the profession.
- Acknowledge the certified qualifications and ethical norms of the accounting sector.
Verified Answer
AT
Alvetta ThompsonJun 06, 2024
Final Answer :
D
Explanation :
All of the choices A, B, and C are included in most Codes of Ethics for professional accountants, but compensation is not typically included. However, some Codes may include guidance on how to disclose and manage any conflicts of interest related to compensation.
Learning Objectives
- Acknowledge the certified qualifications and ethical norms of the accounting sector.
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