AICPA ETHICS RULES & CPA EXAM WITH GUARANTEED ACCURATE ANSWERS
Which of the following are not example of stakeholders?
A.Employees
B. Customers
C. Suppliers
D. Borrowers
E. All above could be stakeholders - ACCURATE
ANSWERS✔✔ E
According to the AICPA Code of Professional Conduct, Rule
101-Independence, an audit requires that an individual
perform his or her services with integrity and objectivity.
There must be reasonable assurance that this is being
done during the Page 4 of 5 engagement. What must an
, accountant do to be in compliance with the generally
accepted auditing standards?
a. Be independent in fact.
b. Be independent in appearance.
c. Both.
d. Neither - ACCURATE ANSWERS✔✔ C
To whom does the AICPA Code of Professional Conduct
apply:
a. Members in Public practice
b. Members in Industry
c. Members in Government
d. Members in Education
e. All of the above - ACCURATE ANSWERS✔✔ E
T/F: According to AICPA Code of Professional Conduct, a
CPA may receive a contingent fee for performing an audit
of a financial statement? - ACCURATE ANSWERS✔✔ False
AICPA members should act in a way that will:
a. Serve the public interest
b. Honor the public trust
c. Demonstrate commitment to professionalism