All business managers are legally bound to comply with the code of ethics developed by the professional accounting bodies.

Question

Quizplus · Accepted Answer

While business managers may be encouraged to adhere to the code of ethics developed by professional accounting bodies, they are not legally bound to comply with them unless they are also licensed accountants. However, some industries and organizations may have their own codes of ethics that business managers are legally bound to follow.

All Business Managers Are Legally Bound to Comply with the Code