Professional Ethics and Standards Quiz

What is the primary focus of a profession?

Developing service models beneficial to clients

What is the obligation to deliver a high standard of care when acting for the benefit of another party called?

Fiduciary duty

What is the role of codes, best practice guidelines, and standards in a profession?

To guide the industry and ensure professional integrity

How do professions differ from other entities like employers and regulators?

They exist to set and maintain professional standards Signup and view all the answers

What is the ultimate result of a profession earning trust and managing its own affairs?

Greater flexibility and independence from government regulators Signup and view all the answers

What is the minimum expectation of professionals towards their clients?

Acting in the best interest of the client Signup and view all the answers

What is the primary focus of most employers in relation to relevant professions?

Encouraging employees to be members of relevant professions Signup and view all the answers

What is the primary mission of a profession?

Developing and administering codes, best practice guidelines, and standards Signup and view all the answers

What is the role of other entities like employers, regulators, trade associations, and not-for-profit organizations in relation to professional bodies?

Supporting an industry but not setting and maintaining professional standards Signup and view all the answers

What do codes and standards developed by professional bodies complement?

Regulations Signup and view all the answers

What is the role of professions in relation to the public?

Helping the public and ensuring expert and principled performance of complex services Signup and view all the answers

Why do many governments support professions?

Professions can develop a more sophisticated system of standards than a regulator can Signup and view all the answers

What is the obligation of professionals beyond codes and standards?

Advocate for higher educational and ethical standards in the industry Signup and view all the answers

What is the primary focus of professions in relation to trust and commercial benefits?

Earning community trust and delivering commercial benefits Signup and view all the answers

What do many regulators support in relation to professional ethics?

They support professional ethics and recognize the framework for ethics that professions can provide Signup and view all the answers

What is the reason for government support of professions?

Helping the public and ensuring expert and principled performance of complex services Signup and view all the answers

What do codes and standards developed by practitioners codify?

Many more individual practices than the high-level principles set by regulation Signup and view all the answers

What underpins professionalism according to the text?

Regulators' support for professional ethics Signup and view all the answers

What is the role of codes and standards developed by practitioners?

Complementary to regulations, codifying individual practices Signup and view all the answers

Why do many governments support professions?

To help the public and ensure expert performance of complex services Signup and view all the answers

What is the obligation for professionals according to the text?

Advocate for higher educational and ethical standards Signup and view all the answers

What can professions do to widen access to services and support economic activity?

Encourage trust in the industries they serve Signup and view all the answers

What does earning community trust create according to the text?

Professional pride, acceptance, and commercial benefits Signup and view all the answers

What do professional bodies provide to regulators according to the text?

Underlying codes and standards Signup and view all the answers

What enables professions to develop a more sophisticated system of standards than a regulator can?

Continuous practitioner input and a strong mutual interest within the profession Signup and view all the answers

Professional Ethics and Standards Quiz

Questions and Answers

What is the primary focus of a profession?

What is the obligation to deliver a high standard of care when acting for the benefit of another party called?

What is the role of codes, best practice guidelines, and standards in a profession?

How do professions differ from other entities like employers and regulators?

What is the ultimate result of a profession earning trust and managing its own affairs?

What is the minimum expectation of professionals towards their clients?

What is the primary focus of most employers in relation to relevant professions?

What is the primary mission of a profession?

What is the role of other entities like employers, regulators, trade associations, and not-for-profit organizations in relation to professional bodies?

What do codes and standards developed by professional bodies complement?

What is the role of professions in relation to the public?

Why do many governments support professions?

What is the obligation of professionals beyond codes and standards?

What is the primary focus of professions in relation to trust and commercial benefits?

What do many regulators support in relation to professional ethics?

What is the reason for government support of professions?

What do codes and standards developed by practitioners codify?

What underpins professionalism according to the text?

What is the role of codes and standards developed by practitioners?

Why do many governments support professions?

What is the obligation for professionals according to the text?

What can professions do to widen access to services and support economic activity?

What does earning community trust create according to the text?

What do professional bodies provide to regulators according to the text?

What enables professions to develop a more sophisticated system of standards than a regulator can?

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