Question

Articles of the code of ethics are broad statements of ethical principles and the standards of practice support, interpret and amplify the respective articles

Answer 1

Answer: True

Explanation:

The Code of Ethics is the detailed document where the professional responsibilities of every professional is written. It should be noted that the Code of Ethics is made up of seventeen Articles and their related Standards of Practice.

The Articles of the code of ethics are broad statements of ethical principles while the standards of practice support, interpret and amplify the respective articles. Therefore, the Statement is true.

Answer 2

The statement given in the query holds true and the code of ethics are a set code of instructions that are to be followed by the business professionals in the manner as prescribed.

The code of ethics are a set manner of instructions that are like a law book to be followed by the different kinds of businessmen and professionals of their field.

• Code of ethics are given by the respective authoritative institutes of which such businessmen or professionals are the members. it implies the way in which the practice can be done.

• Code of ethics contain respective articles for communication, outfit and attire, verbal and written communication and all such other fields which contribute to the maintained decency in the professional conduct.

• They are generally different for professionals of different streams. Like they are different for superiors and subordinates of the same organization as well given their subjective roles.

Hence, the statement given about the code of ethics above holds true that they must be followed and acted accordingly and implied at each stage of practice.

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