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Author Question: Which of the following is the AICPA's Code of Professional Conduct principle that requires a member ... (Read 242 times)

cherise1989

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on: Jul 6, 2018
Which of the following is the AICPA's Code of Professional Conduct principle that requires a member to observe the principles of objectivity, independence, and due care?
 
  A) general standards
  B) integrity
  C) accounting principles
  D) due professional care

Question 2

Which of the following is a primary advantage of searching public records in a forensic accounting engagement?
 
  A) The information remains confidential.
  B) Results are tangible and can be replicated.
  C) Data accessed through public records are reliable.
  D) The multitude of information allows in-depth research.


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mtmmmmmk

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Reply #1 on: Jul 6, 2018
Answer to Question 1

B
Explanation: B) Integrity requires a member to observe the principles of objectivity, independence, and due care.

Answer to Question 2

B
Explanation: B) Searching public records has four primary advantages in a forensic accounting engagement:
1. The information is public, so anyone can access it.
2. Access is fast and cheap, especially when the information is available on the Internet.
3. The search is discreet compared to other methods of investigation.
4. Results are tangible and can be replicated.


cherise1989

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Reply #2 on: Jul 6, 2018
Thank you :)


mtmmmmmk

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Reply #3 on: Jul 6, 2018
Happy to help you


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