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12 April, 04:53

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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  1. 12 April, 07:10
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    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
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