BA4 Exam Dumps : Fundamentals of Ethics, Corporate Governance and Business Law

are inflexible and expensive

motivate compliance through value and judgment

are subject to precise definitions of wording and hence become contentious

have subjective standards which may cause confusion.

require objective enforcement by an independent party.

are inconsistently applied due to the need for judgment.

Corporate and professional values

Corporate and societal values

Societal and personal values

All of the above

It covers every possible dilemma that an accountant might face

It is based on values rather than compliance

It is a financial requirement of accountants

It establishes the fundamental principles of professional ethics for professional accountants