Professional ethics

Que 1:- Cost accountants are guided by their professional body as below :
a) I.E (India)
b) I.C.W.A
c) I.I.W
d) I.I.M.M

Ans :- b

Que 2:- Professional ethics are important for the following reasons, out of which one is not applicable . Spot that one.
a) Ethics corresponds to basic human  needs
b) Ethics help better decision making
c) Ethics cannot protect society.
d) Ethics create credibility with the public.

Ans :- c

Que 3:- Who said this ?"for what is a man protected , if he shell gain the whole world and loss the whole soul ?"

a) William Shakespeare
b) Drucker
c) St Paul
d) St Mathew

Ans :- d

Que 4:- Ethics actually means a profesions

a) morals
b) philosophy
c) both of above
d) none of above

Ans :- c

Que 5:- In a profession , for the conduct of professional ,  ethics fix the

a) limits
b) standards
c) working schedules
d) none of these

Ans :- c

Que 6:- In a profession ethics determine standard for
a) selecting right
b) selecting wrong
c) being neutral
d)  both (a) and (b)

Ans :-d


Que 7:- Ethics and morals are synonymous  : --- FALSE

Que 8 :- Business sometimes should be allowed to fix its own standards to determine wrong or right -----FALSE

Que 9:- According to the code of ethics , cooperation should be maintained among management and workers. --- TRUE

Que 10:- Ethics stress on being impartial --- TRUE