Question No 3:
CIMA Code of Ethics takes what is called a ‘framework-based’ approach. What is the INCORRECT statement?
A. It does not provide a list of ‘you should not’ commands to accountants
B. It provides steps to identify, explain and solve ethical problems
C. It helps accounting practitioners to deal with immediate practical problems
D. Framework-based approach must be approved by the highest court in the country of the CIMA member registers the practice
Answer: D
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