ICAEW SE · Chapter 6 · Question 7 of 10
Which statement best describes the relationship between ethics and sustainability?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Acting sustainably is part of behaving ethically, because it involves considering the effects of decisions on others, including future generations
Explanation
Ethics and sustainability are closely linked: both require decision-makers to consider the interests of others and the long-term consequences of their actions. Ethical business practices can help anticipate risks to the organisation and the wider environment. A responsible approach to sustainability is therefore part of behaving ethically.
More The concept of ethics and its significance for the accountancy profession MCQs
- Q9When a professional accountant is making an ethical decision, why is it important to identify the stakeholders affected?
- Q10A professional accountant in practice is asked to provide assurance on a client's greenhouse gas emissions statement. Which statement…
- Q1Which of the following best describes professional ethics?
- Q2Which statement correctly contrasts ethical objectivism with ethical relativism?
- Q3A finance manager refuses to backdate a contract, even though doing so would help the company meet a target and harm no-one, because she…