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Code of Ethics and Professional Scepticism

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is benefit of code of ethics to the organization

a)

mutual respect and intergrity

b)

trust and honesty

c)

prevent lawsuits and legal challanges

d)

to protect employee's rights

2.

Which of the following is profession in Professional and Corperate Ethics?

a)

Body of theory

b)

comply with laws and ethical standards

c)

support the good of society as a whole

d)

application of ethical values to business behaviour

3.

Which one is professional bodies related to accounting?

a)

MIA

b)

NGO

c)

MAA

d)

ASNB

4.

What is ISA 200?

a)

overall objectives of the independent auditor and the conduct of an audit in accordance with international standards of audit

b)

accounting policy that should we follow

c)

professional accounting bodies held in Malaysia

d)

International accountant bodies include all professional bodies in Malaysia following Company Act 2016

5.

Which one of the following ethical principle is correct?

a)

intergrity, values, objectivity

b)

professional behaviour, objectivity, responsibilities

c)

confidentially, intergrity, values

d)

intergrity, professional behaviour, professional competence and due care

6.

What is importnce of role of regulatory bodies in promoting ethical and professional standards in accounting profession?

a)

leak of information company to the public

b)

avoid selling high interest consumer loans to vulnerable people

c)

discrimination in the workplace

7.

What is the code of ethics developed by International Federation Of Accountant(IFAC)?

a)

Creativity

b)

Intergrity

c)

Teamwork

8.

Where we need to go if we want to join the professional bodies?

a)

ACCA

b)

PNB

c)

MICPA

d)

LHDN

9.

Why are ethics importance for auditor?

a)

to be successfull auditor

b)

to achieve objective of organization

c)

to determine internal and external consistency of a company values

10.

What is unethical behaviour in organization?

a)

corrupted

b)

trusted

c)

be honest