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Speciemen

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Speciemen

  • This topic has 1 reply, 2 voices, and was last updated 9 months ago by Ken Garrett.
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  • April 11, 2022 at 6:50 pm #653096
    maximus07
    Participant
    • Topics: 407
    • Replies: 398
    • ☆☆☆☆

    FKT Company is considering the introduction of a code of ethics following media criticism of its selling practices.
    Which of the following is most important when deciding on the content of the proposed code of ethics?

    A The minimum acceptable standards of behaviour and conduct of employees (KEY)
    B The legal requirements affecting the sales of core products and services
    C The main issues of concern to customers who have made complaints
    D The generally accepted standards by other companies operating in the same sector

    Answer is A. This entire question went above my mind. Please help.

    April 11, 2022 at 8:28 pm #653109
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10197
    • ☆☆☆☆☆

    A code of ethics to to pro ide guidance and rules for staff about ethical issues. That’s why A is right.

    B This is the law, not ethics. Ethical coded are usually stricter than legal requirements.

    C Not really ethics….customers might be complaining about value for money etc.

    D This can be a starting point for a code of ethics, but each company must decide on its own.

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