The acid/base balance is expressed in terms of pH. An acidic environment has a pH of less than 7.4, whereas a basic or alkaline setting has a pH of greater than 7.4. Molecules that give off hydrogen maintain an acidic pH.
A code of ethics is a set of principles of conduct within an organization that guide decision making and behavior.The purpose of the code is to provide members and other interested persons with guidelines for making ethical choices in the conduct of their work. code of ethics issued by a business is a particular kind of policy statement. A properly framed code is, in effect, a form of legislation within the company binding on its employees, with specific sanctions for violation of the code. If such sanctions are absent, the code is just a list of pieties.
Purpose. A finance code of ethics helps top management avoid significant legal problems or regulatory fines. Requiring finance employees to adhere to a code of ethics ensures that they abide by laws and regulations applicable in the industry in which a firm operates.n practice, a finance code of ethics typically prevents employees from engaging in illegal activities or act unprofessionally. An employee who is uncertain whether an activity or a transaction is legal may read ethical requirements and act according to them.