[Section A] Which IFAC fundamental principle requires an accountant not to compromise their professional or business judgment because of bias, conflict of interest, or the undue influence of others?

Answer options:

Integrity

Objectivity

Professional Behavior

How to approach this question

Match the keywords 'bias' and 'conflict of interest' to the correct ethical principle.

Full Answer

B.Objectivity✓ Correct

The principle of Objectivity imposes an obligation on all professional accountants not to compromise their professional or business judgment because of bias, conflict of interest, or the undue influence of others.

Common mistakes

Confusing Objectivity with Integrity. Integrity is honesty; Objectivity is neutrality.

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