Future Business Leaders of America (FBLA) Accounting Practice Test

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Prepare for the FBLA Accounting Test with practice quizzes and comprehensive questions. Each question is designed to help deepen your understanding and enhance your readiness for the exam. Are you ready to excel?

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What does a Code of Conduct provide for a company?

Guidelines for securing financial stability
Ethical guidance for behavior among employees
Instructions on accounting practices
Procedures for financial auditing

The correct answer is: Ethical guidance for behavior among employees

A Code of Conduct is essential for fostering a positive workplace culture, as it outlines the ethical standards and expectations for behavior among employees within a company. By providing clearly defined guidelines, it promotes integrity, accountability, and mutual respect, helping to create an environment where employees understand the importance of ethical behavior in their interactions with colleagues, clients, and stakeholders. This guidance helps mitigate risks associated with unethical conduct and ensures that all employees are aligned with the organization's values and principles. Establishing such a framework is vital for maintaining a company's reputation and facilitating effective teamwork and collaboration.