ExpertEasy1 markMultiple Choice
ACCA · Question 46 · Business & Technology
Section A
Which IFAC fundamental principle requires an accountant not to compromise their professional or business judgment because of bias, conflict of interest, or the undue influence of others?
Section A
Which IFAC fundamental principle requires an accountant not to compromise their professional or business judgment because of bias, conflict of interest, or the undue influence of others?
Answer options:
A.
Integrity
B.
Objectivity
C.
Confidentiality
D.
Professional Behaviour
How to approach this question
Link the keywords 'bias' and 'conflict of interest' directly to Objectivity.
Full Answer
B.Objectivity✓ Correct
The principle of Objectivity imposes an obligation on all professional accountants not to compromise their professional or business judgment because of bias, conflict of interest, or the undue influence of others.
Common mistakes
Confusing Objectivity with Integrity.
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