Tag (SQ): Ethical code

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BMIS – L1 – SA – Q13.5 – Professional ethics in accounting and business

Identifies what is not a key element of an ethical code.

Which of the following is NOT a key element of an ethical code?

A   Adhering to the highest standards of honesty, integrity and fairness

B   Seeking or accepting favours which are beneficial to the business

C   Avoiding involvement in any decisions that could bring about conflict of interest

D   Avoiding any financial interest in contracts awarded by the company

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