A code of ethics refers to
A)a formal statement of moral and ethical business attitudes.
B)a formal statement of ethical principles and rules of conduct.
C)an informal guide of ethical principles and moral conduct.
D)the written document stating the beliefs and values of each employee in a firm.
E)a firm's itemized list of business activities that are and are not consistent with the company's mission statement.

Question

Quizplus · Accepted Answer

A code of ethics is a formal statement of ethical principles and rules of conduct that an organization or profession has established to guide its members in ethical decision-making and behavior. It provides a framework for ethical behavior, outlines expectations for conduct, and helps to build trust with stakeholders. It typically covers areas such as conflicts of interest, confidentiality, honesty, and respect for others. A code of ethics is an important tool for ensuring that a company or profession operates with integrity, treats its stakeholders fairly, and meets its obligations to society.

A Code of Ethics Refers to