Which of the following is a key principle of accounting ethics?

Accounting Gr12

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12th Grade
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Tutor King
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14 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Honesty
Profitability
Growth
Competitiveness
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Which ethical value is essential in accounting practices?
Transparency
Deceit
Corruption
Concealment
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What is a fundamental aspect of accounting ethics?
Confidentiality
Disclosure
Secrecy
Revelation
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What is the role of independent auditor
To prioritize personal interests over professional duties
To maintain objectivity and avoid conflicts of interest
To disclose confidential information to competitors
To manipulate financial data for personal gain
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Which of the following best describes the role of internal and external auditors in ensuring ethical practices within a company?
Internal auditors ensure compliance with legal regulations, while external auditors verify financial statements.
External auditors prevent fraud, while internal auditors manage corporate social responsibility.
Internal auditors focus on operational efficiency, while external auditors assess corporate governance.
External auditors investigate financial irregularities, while internal auditors maintain ethical standards.
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
SAICA stands for:
South African Institute of Cost and Accountants
South African Institute of Chartered Accounts
South African Institute of Chartered Architects
South African Institute of Chartered Accountants
7.
MULTIPLE SELECT QUESTION
15 mins • 1 pt
Which of the following is a direct way that a company can support its community through corporate social responsibility (CSR)?
Donating funds to local charities
Offering discounted products to employees
Partnering with local schools or universities to offer mentorship programs.
Providing grants or scholarships for community projects or education.
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