What is one ethical issue covered in the OACETT Code of Ethics?

Aconflict of interestoccurs when a professional'spersonal or financial interests interfere with their professional duties. Ethical professionalsmust disclose any real or perceived conflicts at the beginning of a projectto maintaintrust and integrity.

Step-by-Step Explanation:

What is a Conflict of Interest?

A situation wherea professional’s decision-making ability is compromised due to personal gain or relationships.

Example: A technologisthired to review tenders for a project has a relative bidding on the contract.

Why Full Disclosure is Necessary:

Avoids biasand ensuresfairness in business decisions.

Prevents legal risks and protects the reputation of professionals and companies.

Why Option D Is Correct:

Ethical standards requirefull transparencyat the beginning of a project.

Professionalsmust disclose even perceived conflictsto maintain public trust.

Why Other Options Are Incorrect:

A (Only disclose significant conflicts)–ALL potential conflicts must be disclosed, not just the ones an individual deems significant.

B (Avoid projects with conflicts)–Conflicts can sometimes be managed if properly disclosed.

C (Disclose only if the client is concerned)–Conflicts should be disclosed proactively, not just when asked.