CA Inter P5 · Chapter 11 · Question 1 of 13
Which of the following is NOT one of the fundamental principles of the ICAI Code of Ethics?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Profitability
Explanation
The fundamental principles are integrity, objectivity, professional competence and due care, confidentiality and professional behaviour. Profitability is a business goal, not an ethical principle, and must never compromise the fundamental principles.
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