A code of ethics can be an effective internal control on behavior,which is more desirable than external controls like government regulations.

Question

Quizplus · Accepted Answer

A code of ethics serves as a set of guidelines for ethical behavior within an organization, promoting self-regulation and accountability among employees. This can be more effective than external controls like government regulations, as it promotes a culture of ethical behavior and reduces the need for strict oversight and enforcement.

A Code of Ethics Can Be an Effective Internal Control