ACCA Applied Knowledge · Business and Technology · Fundamental principles of ethical behaviour
Which of the following is one of the five fundamental principles in the ACCA Code of Ethics and Conduct?
Professional competence and due care is a fundamental principle. The five are integrity, objectivity, professional competence and due care, confidentiality, and professional behaviour. Profitability, efficiency and employer loyalty are business aims or workplace expectations, not principles of the Code.
- AProfessional competence and due careCorrect
- BProfitability and efficiency
- CLoyalty to the employer
Explanation
The five fundamental principles are integrity, objectivity, professional competence and due care, confidentiality and professional behaviour. Profitability and loyalty to an employer are not fundamental principles, and loyalty cannot override them.
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