Author Question: Assets are things of value owned by a business entity. Indicate whether the statement is true or ... (Read 63 times)

EY67 · **on:** Jul 6, 2018

Assets are things of value owned by a business entity.
Indicate whether the statement is true or false

Question 2

As per AICPA's Guide for Complying with Rules 102-505 (2008), ________ implies that a member will subordinate his or her judgment to that of an individual associated with a client, employer, or other relevant third party because of the individual's

reputation or expertise.
A) self-interest threat
B) reputation threat
C) undue influence threat
D) self-review threat

Cnarkel · **Reply #1 on:** Jul 6, 2018

Answer to Question 1

T

Answer to Question 2

C
Explanation: C) Undue influence threat implies that a member will subordinate his or her judgment to that of an individual associated with a client, employer, or other relevant third party because of the individual's reputation or expertise.