All of the following statements about the creation of a code of ethics are true EXCEPT:

All of the following statements about the creation of a code of ethics are true EXCEPT:



a. A written code helps employees avoid confusion when determining whether their decisions are ethical.
b. A code can be an effective internal control on behavior.
c. The process of formulating the code facilitates discussions that ultimately create better decisions.
d. A code helps employees identify what their firm recognizes to be acceptable business practices.
e. A code guarantees ethical behavior among a firm's employees.



Answer: E


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