04 - Ethical Values

Question 1

Define integrity

Answer 1

Being straightforward and honest in all professional and business relationships

Question 2

Define objectivity

Answer 2

Not allowing bias, conflict of interest or undue influence of other to override professional or business judgements

Question 3

Define professional competence and due care

Answer 3

Maintaining professional knowledge and skill at a level required to ensure that a client/employer receives a competent and professional service whilst adhering to professional standards

Question 4

Define confidentiality

Answer 4

Respecting the confidentiality of information received as a result of a professional or business relationship by not disclosing it to third parties without proper permission or using it to your personal advantage

Question 5

Define professional behaviour

Answer 5

Complying with relevant laws and regulations to avoid any action being taken that may bring the profession into disrepute

Question 6

What is fraud?

Answer 6

Deliberately depriving someone of something that is theirs by way of deliberate deceit