AICPA, Exam Review
Questions and answers/
The Principles state that a member has responsibility to colleagues, to clients and to the profession. -
-(False)
Rules are the cornerstone of ethical behavior. - -(False)
In performing an attest engagement, a member should only rely on the AICPA rule...
Final Exam -AICPA , Exam Review Questions and answers/ The Principles state that a member has responsibility to colleagues, to clients and to the profession. - ✅✅ -(False) Rules are the cornerstone of ethical behavior. - ✅✅ -(False) In performing an attest engagement, a member should only rely on the AICPA rul es of conduct regarding independence. - ✅✅ -(False) The principles apply the rules of conduct and interpretations to particular circumstances. - ✅✅ -(False) Professional services include all services performed by a member in private practice. - ✅✅ -(False) The code, interpretations and rulings are not designed to impact your behavior. - ✅✅ -(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. - ✅✅ -(False) Compliance with the Code of Professional Conduct depends primarily on public opinion and reinforcement by one's peers. - ✅✅ -(False) Interpretations are issued by the AICPA to better explain the code of professional conduct. - ✅✅ -(True) A code of ethics provides guidance for professional decision making - ✅✅ -(True) A code of ethics serves as an official public statement by a profession of ethical standards and expectations of members. - ✅✅ -(True) The Rules of Conduct does not ext end to individuals who carry out tasks on behalf of an AICPA member. - ✅✅ -(False) The Principles in the Code of Professional Conduct are enforceable under their own terms - ✅✅ -.(False) AICPA members should accept the obligation to act in a way that will serve their self interest. - ✅✅ -
(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. - ✅✅ -(True) A distinguishing mark of a profession is the esteem with which it is held by the public. - ✅✅ -(True) All CPAs must observe the AICPA Rules of Profession al Conduct. - ✅✅ -(False) A member of the AICPA must observe all the Rules of Conduct. - ✅✅ -(False) To maintain and broaden public confidence, members should perform all professional responsibilities with the highest sense of integrity. - ✅✅ -(True) Accor ding 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. - ✅✅ -(True)
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