Question

Dominance of Ethical Values Rather than Accounting or Audit Techniques.
a) True
b) False

Answer 1

Dominance of Ethical Values Rather than Accounting or Audit Techniques. This is (a) True statement.

Step-by-step explanation:

The given statement "Dominance of Ethical Values Rather than Accounting or Audit Techniques" is True because the dominance of ethical values over accounting or audit techniques is true. In the realm of accounting and auditing, ethical values play a pivotal role in ensuring transparency, integrity, and accountability, ultimately shaping the foundation of financial practices.

Ethical values guide professionals in making decisions that prioritize honesty, fairness, and responsibility. In accounting and auditing, adhering to ethical principles is essential for maintaining public trust, as stakeholders rely on accurate and unbiased financial information. While accounting and audit techniques are crucial for accuracy, it is the ethical framework that ensures the reliability and credibility of financial reporting. Option A is correct.

Answer 2

Dominance of Ethical Values Rather than Accounting or Audit Techniques.This is (a) True statement.

Step-by-step explanation:

The given statement"Dominance of Ethical Values Rather than Accounting or Audit Techniques" is True because the dominance of ethical values over accounting or audit techniques is true. In the realm of accounting and auditing, ethical values play a pivotal role in ensuring transparency, integrity, and accountability, ultimately shaping the foundation of financial practices.

Ethical values guide professionals in making decisions that prioritize honesty, fairness, and responsibility. In accounting and auditing, adhering to ethical principles is essential for maintaining public trust, as stakeholders rely on accurate and unbiased financial information. While accounting and audit techniques are crucial for accuracy, it is the ethical framework that ensures the reliability and credibility of financial reporting.

Option A is correct.