Which principle focuses on maintaining confidentiality?

The principle that focuses on maintaining confidentiality is indeed confidentiality. This principle emphasizes the importance of respecting the privacy of information obtained during the course of professional activities. Confidentiality ensures that sensitive data, whether it pertains to clients, employers, or any other parties involved, is not disclosed to unauthorized individuals or used for personal gain.

In the context of applied management accounting, this principle reinforces the trust that clients and stakeholders place in professionals, allowing them to share valuable insights and proprietary information without the fear of it being improperly disclosed. Adhering to this principle is fundamental in building long-term professional relationships and maintaining a solid reputation in the industry.