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ACCA BT · Chapter 14 · Question 10 of 11

When an accountant faces an ethical conflict that cannot be resolved informally within the organisation, which of the following is generally the most appropriate next step?

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Reveal answer & explanation

Correct answer: C) Seek advice, for example from the professional body's ethics helpline or a legal adviser, while documenting the issue

Explanation

The recommended approach to resolving ethical conflicts includes gathering facts, considering the principles involved, using internal procedures and escalation, and seeking advice from the professional body or a legal adviser, documenting each step. Disclosure to the media is rarely appropriate and may breach confidentiality, ignoring the issue risks association with wrongdoing, and resignation is a last resort.

All 11 questions in Chapter 14Professional ethics in accounting and business MCQs with answers

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