Inflating your expenses for a company-sponsored conference that discredits the profession is a violation of what ethical standard? A) CredibilityB) IntegrityC) CompetenceD) Confidentiality

Question

Jonas Roberson

Business

5 October, 13:36

Inflating your expenses for a company-sponsored conference that discredits the profession is a violation of what ethical standard? A) CredibilityB) IntegrityC) CompetenceD) Confidentiality

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Answers (1)

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Abel Mcguire · Answer 1

B) Integrity

Explanation:

There are various ethical standards which are described below:

A) Credibility: This ethical standard deals with the communication of the correct information of the statement of financial position to all stakeholders of the business organization.

B) Integrity: This ethical standard stated that the chartered accountant should be honest and not biased for his personal gain. If he/she is biased, then he/she violates his/her profession.

C) Competence: The person is capable to do the particular task or not will check by his competence

D) Confidentiality: The financial information should not be disclosed out to third parties. The person should maintain confidentiality.

So as per the given scenario, the most appropriate option is B. Integrity