Which of the following are fundamental ethical principles for professional accountants? 1 Competence 2 Compliance 3 Integrity 4 Objectivity A. 2, 3 and 4 only B. 1, 2 and 3 only C. 2 and 4 only D. 1, 3 and 4 only
Question
Which of the following are fundamental ethical principles for professional accountants? 1 Competence 2 Compliance 3 Integrity 4 Objectivity A. 2, 3 and 4 only B. 1, 2 and 3 only C. 2 and 4 only D. 1, 3 and 4 only
Solution
The fundamental ethical principles for professional accountants are:
- Competence
- Integrity
- Objectivity
Therefore, the correct answer is D. 1, 3 and 4 only.
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