An advantage of general statements (principles of professional conduct)in the Code of Ethics for Professional Accountants is the emphasis on positive activities that encourage a high level of performance.

Question

Quizplus · Accepted Answer

General statements in the Code of Ethics for Professional Accountants provide a framework for positive ethical behavior, which can enhance the performance of accountants. Instead of focusing on negative actions to avoid, the Code emphasizes positive actions to encourage. This can help accountants to cultivate a strong ethical culture and uphold professional standards.

An Advantage of General Statements (Principles of Professional Conduct)in the Code