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Answer To Chapter 5 - Introduction To Ethics

This document is from a solutions manual and provides answers to questions about ethics from Chapter 5. It defines ethics as a set of moral principles that govern individual and group actions and decisions. It also explains that professional codes of ethics provide guidance to members on maintaining high standards and assurances to clients and the public. The document refers the reader to specific pages to find answers to 6 additional questions.

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Faith Marasigan
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196 views1 page

Answer To Chapter 5 - Introduction To Ethics

This document is from a solutions manual and provides answers to questions about ethics from Chapter 5. It defines ethics as a set of moral principles that govern individual and group actions and decisions. It also explains that professional codes of ethics provide guidance to members on maintaining high standards and assurances to clients and the public. The document refers the reader to specific pages to find answers to 6 additional questions.

Uploaded by

Faith Marasigan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Solutions Manual – Corporate Governance, Business Ethics, Risk Management and Internal Control

CHAPTER 5

INTRODUCTION TO ETHICS

Answer to Questions

1. Ethics is a set of moral principles or values that govern the actions and
decisions of an individual or group.

2. The code of ethics for professions provides practical guidance to the


individual member in maintaining a professional attitude. In addition, the
code is designed to provide assurance to clients and the public that the
profession intends to maintain high standards or to enforce compliance
by individual member.

3. Refer to pages 96 to 97.

4. Refer to page 98.

5. Refer to pages 98 to 99.

6. Refer to pages 99 to 100.

7. Refer to page 100.

5-1

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