ACCT 4553 Ethics Final Part 8 UPDATED ACTUAL Questions and CORRECT Answers

ACCT 4553 Ethics Final Part 8 UPDATED ACTUAL Questions and CORRECT
Answers


1. Which statement best describes a significant similarity D.) Both codes incorpo-
between the AICPA and IESBA codes? any
circumstance
s.
A.) Both codes contain specific ethics and indepen-
dence provisions related to public interest entities.


B.) The codes contain the exact same provisions for
corporate accountants.


C.) The codes combine the rules for members in busi-
ness and public practice in one section.

D.) Both codes incorporate the conceptual framework
approach for evaluating threats when specific rules on
a matter do not exist.

2. One of the GAO's ethical principles described in the
Yellow Book stresses that:


Auditors may use government resources if the proper
requisition forms are completed beforehand.


Auditors should not use personal email accounts for
government-related communications.


Government employees may not accept gifts under

, rate the conceptual frame-work approach for evalu- ating threats when specificrules on
a matter do not exist.




Government information, resources, and positions should not be used for theauditor's
personal gain.