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Exam (elaborations)

A6_M8_The AICPA Code of Professional Conduct questions with correct answers

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State board: Answer ☐ issues CPA . renews. suspends. revokes. the AICPA's code of professional conduct governs any service that a member of the AICPA performs. These services include audits, special reports, compilations , reviews, and services performed on financial forecasts and projections, as well as attestation engagements. Answer members not in public practice are governed by certain requirements of the Code of Professional Conduct as well. A professional code of conduct is a distinguishing mark of a profession that accepts a high degree of responsibility toward the public. it is a voluntary acceptance for the purpose of benefiting society. Answer The AICPA Code of Professional Conduct addresses the question of what is "right" and "just." the code consists of principles and rules as well as interpretations and other guidance. the code utilizes certain terms to enhance the clarity of the interpretations and definitions. Consider: used when the member is required to think about several matters. Answer ☐ Evaluate: Used when the member has to assess and weigh the significance of matter. Determine: Used when the member has to come to a conclusion and make a decision on a matter. The code is separated into three parts: A

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Uploaded on
August 15, 2023
Number of pages
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Written in
2023/2024
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