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

Confidentiality

Professional Behaviour

How to approach this question

Link the keywords 'bias' and 'conflict of interest' directly to Objectivity.

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.

Question 45 All questions Question 47

Practice the full ACCA BT — Business & Technology Practice Exam 3

52 questions · hints · full answers · grading

More questions from this exam

Q01Section A "AeroDrones Ltd" is a technology startup specializing in autonomous delivery drones. R...Medium Q02Section A "GreenHarvest" is a large agro-tech firm planning to build a new processing facility. ...Easy Q03Section A "AquaPure" operates a municipal desalination plant providing essential drinking water ...Medium Q04Section A "Solaris" manufactures residential solar panels. Recently, a breakthrough in cheap, re...Medium Q05Section A "MediCare Mutual" is a healthcare provider that is entirely owned by the patients who ...Easy

View all 52 questions →