Skip to content

ACCA Applied Knowledge · Business and Technology · Fundamental principles of ethical behaviour

Which of the following correctly lists the five fundamental principles in the ACCA Code of Ethics and Conduct?

The five fundamental principles are integrity, objectivity, professional competence and due care, confidentiality and professional behaviour. Terms such as independence, transparency, accountability and scepticism are important concepts but are not listed as fundamental principles in the Code of Ethics.

  1. AIntegrity, objectivity, professional competence and due care, confidentiality, professional behaviourCorrect
  2. BIntegrity, independence, professional competence and due care, confidentiality, transparency
  3. CHonesty, objectivity, accountability, confidentiality, professional behaviour
  4. DIntegrity, objectivity, professional scepticism, confidentiality, fairness

Explanation

The five fundamental principles are integrity, objectivity, professional competence and due care, confidentiality and professional behaviour. Independence, transparency, honesty, accountability, scepticism and fairness are not among the five, so the other lists each contain at least one incorrect item.

Did you get it right without looking?

One question tells you little. A timed set on Fundamental principles of ethical behaviour shows your real accuracy, how long you take and where you lose marks.

Practise Fundamental principles of ethical behaviourFree diagnostic mock

More Fundamental principles of ethical behaviour questions