AICPA CODE of Conduct 3 UPDATD ACTUAL Questions and
CORRECT Answers
1. Which of the following actions by a CPA most likely C
violates the profession's ethical standards?
A.
Refusing to provide the CPA's workpapers to the client.
B.
Compiling the financial statements of a client that em-
ployed the CPA's spouse as a bookkeeper.
C.
Retaining client records after the client has demanded
their return.
D.
Accepting a contingent fee to represent a client in tax
court.
2. Which of the following statements best describes the C
ethical standard of the profession pertaining to adver-
tising and solicitation?
A.
All forms of advertising and solicitation are prohibit-
ed.
B.
There are no prohibitions regarding the manner in
which CPAs may solicit new business.
C.
A CPA may advertise in any manner that is not false,
misleading, or deceptive.
D.
A CPA may only solicit new clients through mass mail-
ings.
3. According to the AICPA Code of Professional Conduct, A
, which of the following activities results in an act dis-
CORRECT Answers
1. Which of the following actions by a CPA most likely C
violates the profession's ethical standards?
A.
Refusing to provide the CPA's workpapers to the client.
B.
Compiling the financial statements of a client that em-
ployed the CPA's spouse as a bookkeeper.
C.
Retaining client records after the client has demanded
their return.
D.
Accepting a contingent fee to represent a client in tax
court.
2. Which of the following statements best describes the C
ethical standard of the profession pertaining to adver-
tising and solicitation?
A.
All forms of advertising and solicitation are prohibit-
ed.
B.
There are no prohibitions regarding the manner in
which CPAs may solicit new business.
C.
A CPA may advertise in any manner that is not false,
misleading, or deceptive.
D.
A CPA may only solicit new clients through mass mail-
ings.
3. According to the AICPA Code of Professional Conduct, A
, which of the following activities results in an act dis-
