All of the following are true regarding ethics except:
A)Ethics are beliefs that distinguish right from wrong.
B)Ethics rules are often set for CPAs.
C)Ethics do not affect the operations or outcome of a company.
D)Are critical in accounting.
E)Ethics can be difficult to apply.

Question

Quizplus · Accepted Answer

Ethics are fundamental to the operations and outcome of a company. They impact decision making, relationships with stakeholders, and overall reputation. Ignoring ethics can lead to legal and financial consequences. Therefore, it is important for companies to prioritize ethics and establish a code of conduct for its employees.

All of the Following Are True Regarding Ethics Except