Which one of the following statements best describes why it is important for employees to recognize the three elements of conflicts of interest?
A) If they don't, they are legally liable for any negative consequences.
B) A failure to do so may result in an employee not effectively dealing with a conflict of interest.
C) Conflicts of interest are usually hard to determine.
D) It ensures that they present all components of the issue effectively to firm management.

Question

Quizplus · Accepted Answer

It is important for employees to recognize the three elements of conflicts of interest because a failure to do so may result in an employee not effectively dealing with a conflict of interest.

Which One of the Following Statements Best Describes Why It