One of the purposes of ethics in accounting is to maintain public confidence in business institutions,financial markets,and the products and services of the accounting profession.

Question

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Ethics play a crucial role in maintaining public confidence in business institutions, financial markets, and the products and services of the accounting profession. When businesses and accounting professionals demonstrate ethical behavior and adhere to ethical standards, it enhances trust and confidence in their practices among the public. This, in turn, supports the reputation of businesses and the accounting profession, which is essential for their continued success.

One of the Purposes of Ethics in Accounting Is to Maintain