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What is the difference between code of ethics and standards of practice?The primary difference between code of ethics and code of conduct is that code of ethics is a set of principles which influence the judgement while the code of conduct is a set of guidelines that influence employee's actions .
the five codes of ethics?
The principal licensee is responsible for preparing and maintaining written records about their LIC(s) as part of operational procedures for the business, that clearly identifies: each LIC for the business. ... if there is more than one LIC, the part of the business and which trust accounts each person is in charge of.