Question 3 (Ethics) (12 marks) In ethical decision-making there are at least four guidelines that aid in deciding. Outline these guidelines and briefly explain them. (12) Question 4 (Integrated Financial Reporting) (18 marks) Chapter 3 of the Conceptual Framework describes the objective and scope of financial statements and provides a description of the reporting entity. Required: Briefly describe the scope of financial statements and define a reporting entity, in terms of the Conceptual Framework. (18)