This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is a fundamental principle of NACVA's Professional Standards? A) Accept ... (Read 29 times)

mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
Which of the following is a fundamental principle of NACVA's Professional Standards?
 
  A) Accept all assignments that can reasonably be completed within the time provided by clients.
  B) Always do exactly what a client wants no matter what the circumstances.
  C) Express an opinion with qualification that the member or a firm has financial interest or contemplated interest in the subject business.
  D) Serve the client's interest by seeking to accomplish the objectives established with the client, while maintaining integrity and objectivity.

Question 2

As per the research conducted by Churyk and Clinton, significantly fewer colons in the management discussion and analysis section of annual reports are an indication of financial statement deception.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jbrasil

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

D
Explanation: D) Serving the client's interest by seeking to accomplish the objectives established with the client, while maintaining integrity and objectivity is the fundamental principle of client interest.

Answer to Question 2

TRUE
Explanation: Research conducted by Churyk and Clinton (2008 ) identified certain tells or communication characteristics in the context of the MD&A section of annual reports, related to financial statement deception. One such characteristic is significantly fewer colons.




mcmcdaniel

  • Member
  • Posts: 550
Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it


phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library