Which of the following best describes why the accounting profession issued a Code of Professional Conduct and
Question:
Which of the following best describes why the accounting profession issued a Code of Professional Conduct and established means for ensuring its observance?
(a) A requirement for a profession is the establishment of ethical standards that stress primarily a responsibility to clients and colleagues.
(b) A distinguishing mark of a profession is its acceptance of responsibility to the public.
(c) An essential means of self-protection for a profession is the establishment of ethical standards.
(d) The government requires that all professions establish a code of ethics.
Choose the best answer.
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