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An Accounting Association Established a Code of Ethics for All

Question 50

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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.

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