Which of the following is a key principle of the "Canon

Q: Answer-Which of the following is a key principle of the 'Canon of financial propriety'?

One of the key principles of the Canon of financial propriety is sound financial management and transparency. This principle emphasizes responsible and prudent financial practices, as well as transparency in financial reporting and decision-making.

of financial propriety"?

A Maximizing profit at any cost Correct Answer Incorrect Answer

B Excessive financial risk-taking Correct Answer Incorrect Answer

C Sound financial management and transparency Correct Answer Incorrect Answer

D Ignoring financial regulations Correct Answer Incorrect Answer

Solution

One of the key principles of the "Canon of financial propriety" is sound financial management and transparency. This principle emphasizes responsible and prudent financial practices, as well as transparency in financial reporting and decision-making.

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