AICPA professional conduct Questions with
100% Correct Answers
The AICPA Code of Professional Conduct does not include enforceable Rules of
Conduct on which of the following?
Answers
A.Independence and integrity and objectivity.
B.Professional competence and due professional care.
C.Accounting principles.Answer C is incorrect because Enforceable Rules of Conduct
include accounting principles.
D.Responsibilities to colleagues.
D. Responsibilities to colleagues.
CPAs are required to complete engagements competently. Competence includes all of
the following except
Answers
A.An unbiased mental attitude.
B.The technical qualifications of the CPA's staff.Answer B is incorrect because
Competence relates both to knowledge of the profession's standards, techniques, and
the technical subject matter involved, and to the ability to exercise sound judgment in
applying such knowledge in the performance of professional services.
C.The capacity to exercise judgment.
D.The ability to research subject matter and consult with others.
A. An unbiased mental attitude
When management refuses to disclose material noncompliance with laws and
regulations identified by the independent auditor, the independent auditor may be
, charged with violating the AICPA Code of Professional Conduct for
Answers
A.Disclaiming an opinion.
B.Withdrawing from the engagement.
C.Failing to uncover the illegal activities during prior audits.
D.Reporting these activities to those charged with governance.
A. Disclaiming an opinion
Which of the following section(s) of the Code of Professional Conduct is (are)
aspirational only?
Answers
A.Principles.
B.Principles, Rules, and Concepts of Professional Ethics.
C.Interpretations.Answer C is incorrect because Interpretations provide guidance to
determine whether a violation of the ethical standards exists.
D.Rules.
A. Principles
An auditor who has demonstrated the ability to exercise sound judgment is considered
to have the quality of
Answers
A.Competence.Answer A is correct.Competence relates both to knowledge of the
profession's standards, techniques, and the technical subject matter involved, and to the
ability to exercise sound judgment in applying such knowledge in the performance of
professional services.
A. Competence
100% Correct Answers
The AICPA Code of Professional Conduct does not include enforceable Rules of
Conduct on which of the following?
Answers
A.Independence and integrity and objectivity.
B.Professional competence and due professional care.
C.Accounting principles.Answer C is incorrect because Enforceable Rules of Conduct
include accounting principles.
D.Responsibilities to colleagues.
D. Responsibilities to colleagues.
CPAs are required to complete engagements competently. Competence includes all of
the following except
Answers
A.An unbiased mental attitude.
B.The technical qualifications of the CPA's staff.Answer B is incorrect because
Competence relates both to knowledge of the profession's standards, techniques, and
the technical subject matter involved, and to the ability to exercise sound judgment in
applying such knowledge in the performance of professional services.
C.The capacity to exercise judgment.
D.The ability to research subject matter and consult with others.
A. An unbiased mental attitude
When management refuses to disclose material noncompliance with laws and
regulations identified by the independent auditor, the independent auditor may be
, charged with violating the AICPA Code of Professional Conduct for
Answers
A.Disclaiming an opinion.
B.Withdrawing from the engagement.
C.Failing to uncover the illegal activities during prior audits.
D.Reporting these activities to those charged with governance.
A. Disclaiming an opinion
Which of the following section(s) of the Code of Professional Conduct is (are)
aspirational only?
Answers
A.Principles.
B.Principles, Rules, and Concepts of Professional Ethics.
C.Interpretations.Answer C is incorrect because Interpretations provide guidance to
determine whether a violation of the ethical standards exists.
D.Rules.
A. Principles
An auditor who has demonstrated the ability to exercise sound judgment is considered
to have the quality of
Answers
A.Competence.Answer A is correct.Competence relates both to knowledge of the
profession's standards, techniques, and the technical subject matter involved, and to the
ability to exercise sound judgment in applying such knowledge in the performance of
professional services.
A. Competence
