A one or two page statement of values is commonly referred to as

• A. Policy statement
• B. Guiding principles
• C. Code of ethics
• D. Mission statement

Answer: (C)

A concise declaration of the values and the ethical standards members are expected to uphold is called a code of ethics. This kind of document is typically short and focused on guiding behavior: it lays out the principles that should govern decisions, actions, and professional conduct, especially in tricky or morally charged situations. It differs from a mission statement, which explains the organization's purpose and what it seeks to achieve; from a policy statement, which outlines formal rules and procedures; and from guiding principles, which are broad ideals that inform actions but don’t always specify conduct. So a one- to two-page values statement aligns best with a code of ethics.