An accounting association established a code of ethics for all members. The most

Question

An accounting association established a code of ethics for all members. The most likely primary purpose for establishing the code of ethics was to a.Outline criteria for professional behavior to maintain standards of competence, morality, honesty, and dignity within the association. b.Establish standards to follow for effective accounting practice. c.Provide a framework within which accounting policies could be effectively developed and executed. d.Outline criteria that can be utilized in conducting interviews of potential new accountants.

Explanation / Answer

. b.Establish standards to follow for effective accounting practice

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