Which of the following statements regarding the existence of the code of ethics in company A can be logically inferred?

Company A has a formal comprehensive corporate code of ethics while company B does not.

Which of the following statements regarding the existence of the code of ethics in company A can be logically inferred?

I. Company A exhibits a higher standard of ethical behavior than does company B.

II. Company A has established objective criteria by which an employee’s actions can be evaluated.

III. The absence of a formal corporate code of ethics in company B would prevent a successful audit of ethical behavior in that company.
A . II only
B . III only
C . I and II only
D . II and III only

Answer: A

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