
Explanation:
Explanation:
According to the recommended procedures for compliance with Standard IV (C) (Responsibilities of Supervisors), a firm's stand-alone code of ethics should be written in plain language to ensure clarity and understanding. It should also address general fiduciary concepts.
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According to the recommended procedures for compliance with the Standard relating to responsibilities of supervisors, a firm's code of ethics should:
A
Be written exclusively in plain language.
B
Be solely integrated into the firm's compliance procedures.
C
Be written in plain language and integrated into the firm's compliance procedures.
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