If the IFAC Code of Ethics is in conflict with the laws of a particular...

Vendor: CIMA
Product: BA4
Update on: Jan 31, 2026
Questions: 661

CIMA BA4 Question Answer

If the IFAC Code of Ethics is in conflict with the laws of a particular country, then which of the following statements is TRUE?

The law takes precedence over the IFAC Code of Ethics

The IFAC Code of Ethics takes precedence of the country's laws

The accountant has to make his or her own decision about whether to adhere to the IFAC Code of Ethics or the law

The accountant has a public duty to question the laws of the country in question

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