Exam (elaborations)
AICPA Ethics Certification Course (Module 2) Exam With 100% Correct And Verified Answers
- Course
- Institution
AICPA Ethics Certification Course (Module 2) Exam With 100% Correct And Verified Answers
[Show more]
Content preview
AICPA Ethics Certification Course (Module2) Exam With 100% Correct And Verified
Answers
Integrity And Objectivity Rule (Code
Definition) - Correct Answer-- an element of
character fundamental to professional
recognition
- requires a member to be, among other
things, honest and candid.
- measured in terms of what is right and just
Threats to Compliance with the Integrity and
Objectivity Rule - Correct Answer-- would not
be at an acceptable level and could not be
reduced to an acceptable level by the
application of safeguards, and the member
would be considered to have knowingly
misrepresented facts in violation
Violations of Integrity and Objectivity Rule -
Correct Answer-- makes, or permits or directs
another to make, materially false and
misleading entries in an entity's financial
statements or records
- fails to correct an entity's financial
statements or records that are materially
Vendarsol
, false and misleading when the member has
the authority to record the entries
- signs, or permits or directs another to sign,
a document containing materially false and
misleading information. [Prior reference:
paragraph .02 of ET section 102]
Members Preparing or Presenting Info In
Compliance with Integrity and Objectivity
Rule MAY NOT: - Correct Answer-exercise
such discretion with the intention of
misleading.
Members in Business - Correct Answer--
members employed or engaged on a
contractual or volunteer basis in an
executive, staff, governance, advisory, or
administrative capacity in such areas as
industry, the public sector, education, the
not-for-profit sector, or regulatory or
professional bodies
- Accounting professor
- Corporate board or audit committee
member (including volunteer positions)
- CFO of a not-for-profit organization
- Corporate controller or CEO
- Internal auditor
Vendarsol
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Vendarsol. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73243 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now