Saturday, September 12, 2009

Q .What is ethics? What are the types of ethics explain??

Ethics is defined as the discipline dealing with what is good & bad and with moral duty & obligation.    The three types of ethics are.
  • Personal ethics:-The rules by which an individual lives his or her personal life.
  • Accounting ethics:-The code that guides the professional conduct of accountants.
  • Business ethics:-Concerned with truth& justice & has a variety of aspects such as expectations of society. Fair competition, advertising, public relations, social responsibility, consumer autonomy & co-operate behavior


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