Good business and accounting practices require the exercise of good judgment. How should ethics be incorporated into making accounting judgments? Why is ethics important? Ethics is a factor that Ideally, for each decision should be included in every business and accounting decision, beyond the potential economic and legal consequences should only be included in very important business and accounting decisions because they are the only ones that matter should never be included in business and accounting decisions because there are not any consequences if ethics are not used Good business and accounting practices require the exercise of good judgment. How should ethics be incorporated into making accounting judgments? Why is ethics important? Ethics is a factor that Ideally, for each decision honesty and truthfulness should prevail, considering the rights of others the effect on management of the company is most important the effect on net income is most important