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Terms in this set (38)
,Which step in the D. Consider rules, regulations, and laws
decision-making Step 7 asks this question. You may
model is determine that the greatest benefit and
characterized by least amount of harm would likely result
asking the if you take a particular course of action,
question, "Are but if that course of action is
these opinions inconsistent with the profession's rules
consistent with of conduct, you may not ignore those
applicable rules.
professional ethics
rules, regulations,
and laws?"
A. Recognize
ethical issues
B. Gather critical
facts
C. Consider the
effect on
stakeholders
D. Consider rules,
regulations, and
laws
,Which step in the B. Consider your comfort level
decision-making Step 6 asks you to consider your
model is comfort level. Before you make a
characterized by decision about the correct action when
asking the facing an ethical issue, you should ask
question, "If you yourself some questions.
had to discuss
your decision in
public, would you
be concerned
about how it
reflects on your
ethics"
A. Recognize
ethical issues
B. Consider your
comfort level
C. Consider the
effect on stake
holders
D. Consider rules,
regulations, and
laws
, CPAs must follow D. Your state CPA licensing board
the rules and State CPA licensing boards are charged
standards with issuing CPA licenses and
promulgated by overseeing the ethical conduct of CPAs
which body? in 55 jurisdictions in the United States. It
A. AICPA is critically important for CPAs to know
B. SEC their state board's requirements. If you
C. PCAOB are licensed by more than one state
D. Your state CPA board, you should familiarize yourself
licensing board with each state's requirements.
As a professional C. Your primary responsibility is to serve
CPA, I have the the public interest.
greatest
responsibility to
serve:
A. My clients
B. My best interest
C. The public's
interest
D. My superior's
interest