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AICPA Final Exam With 100% Correct And Verified Answers
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AICPA Final Exam With 100% Correct And Verified Answers
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AICPA Final Exam With 100% Correct AndVerified Answers
The Principles state that a member has responsibility to
colleagues, to clients and to the profession. - Correct
Answer-(False)
Rules are the cornerstone of ethical behavior. - Correct
Answer-(False)
In performing an attest engagement, a member should only
rely on the AICPA rules of conduct regarding independence.
- Correct Answer-(False)
The principles apply the rules of conduct and interpretations
to particular circumstances. - Correct Answer-(False)
Professional services include all services performed by a
member in private practice. - Correct Answer-(False)
The code, interpretations and rulings are not designed to
impact your behavior. - Correct Answer-(False)
Objectivity relates to an auditor's honesty, while integrity is
the ability to be neutral during the conduct of the
engagement and the preparation of the auditor's report. -
Correct Answer-(False)
Vendarsol
,Compliance with the Code of Professional Conduct depends
primarily on public opinion and reinforcement by one's
peers. - Correct Answer-(False)
Interpretations are issued by the AICPA to better explain
the code of professional conduct. - Correct Answer-(True)
A code of ethics provides guidance for professional decision
making - Correct Answer-(True)
A code of ethics serves as an official public statement by a
profession of ethical standards and expectations of members.
- Correct Answer-(True)
The Rules of Conduct does not extend to individuals who
carry out tasks on behalf of an AICPA member. - Correct
Answer-(False)
The Principles in the Code of Professional Conduct are
enforceable under their own terms - Correct Answer-.(False)
AICPA members should accept the obligation to act in a way
that will serve their self interest. - Correct Answer-(False)
A member of the AICPA should observe the profession's
technical and ethical standards, strive continually to
improve competence and the quality of services, and
discharge professional responsibility to the best of the
member's ability. - Correct Answer-(True)
Vendarsol
, A distinguishing mark of a profession is the esteem with
which it is held by the public. - Correct Answer-(True)
All CPAs must observe the AICPA Rules of Professional
Conduct. - Correct Answer-(False)
A member of the AICPA must observe all the
Rules of Conduct. - Correct Answer-(False)
To maintain and broaden public confidence,
members should perform all professional
responsibilities with the highest sense of
integrity. - Correct Answer-(True)
According to the AICPA's Rules of
Professional Conduct, the interests of clients
and employees of AICPA members are best
served when the members fulfill their
responsibility to the public. - Correct Answer-
(True)
Compliance with AICPA rules of conduct
depends primarily on reinforcement by peers
and public opinion. - Correct Answer-(False)
Texas State Board of Public Accountancy
regulates the practice of public accountancy
in Texas. - Correct Answer-(True)
Vendarsol
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