According to the Code of Ethics, thecharacteristics distinguishing theaccountancy profession include thefollowing except:a. To meet public interestrequirement.b. Adherence by its members to a commoncode of values and conduct establishedby its administering body.c. Acceptance of a duty to society as awhole. d. Mastery of a particular intellectual skill,acquired by training and education

According to the Code of Ethics, thecharacteristics distinguishing the
accountancy profession include the
following except:
a. To meet public interest
requirement.
b. Adherence by its members to a common
code of values and conduct established
by its administering body.
c. Acceptance of a duty to society as a
whole.
d. Mastery of a particular intellectual skill,
acquired by training and education
by

1 Answer

Answer :

To meet public interest
requirement
by

Related questions

A profession is distinguished by certain characteristics including: a. Mastery of a particular intellectual skill, acquired by training and education. b. Adherence by its members to a common code of values and conduct established by its administrating body, including maintaining an outlook which is essentially objective. c. Acceptance of a duty to society as a whole. d. All of these.

Description : A profession is distinguished by certain characteristics including: a. Mastery of a particular intellectual skill, acquired by training and education. b. Adherence by its members to a common code of values and conduct ... objective. c. Acceptance of a duty to society as a whole. d. All of these.

Last Answer : All of these.

How did the Code of Ethics define public interest? a. A distinguishing mark of a profession is the acceptance of its responsibility to the public. b. The accountancy profession's public consists of clients, credit grantors, governments, employers, employees, investors, the business and financial community, and others who rely on the objectivity and integrity of professional accountants. c. The collective well-being of the community of people and institutions the professional accountant serves. d. The standards of the accountancy profession are heavily determined by the public interest

Description : How did the Code of Ethics define public interest? a. A distinguishing mark of a profession is the acceptance of its responsibility to the public. b. The accountancy profession's public ... serves. d. The standards of the accountancy profession are heavily determined by the public interest

Last Answer : The collective well-being of the community of people and institutions the professional accountant serves.

A primary purpose for establishing a code of ethics within a professional organization is to: a. Demonstrate the acceptance of responsibility Jo the interest of those served by the profession. b. Reduce the likelihood that members of the profession will be sued for substandard work. c. Ensure that all members of the profession posses approximately the same level of competencyd. Require members of the profession toexhibit loyalty in all matters pertaining tothe affairs of the organization

Description : A primary purpose for establishing a code of ethics within a professional organization is to: a. Demonstrate the acceptance of responsibility Jo the interest of those served by the profession. b. ... of the profession to exhibit loyalty in all matters pertaining to the affairs of the organization

Last Answer : Demonstrate the acceptance of responsibility Jo the interest of those served by the profession

Which of the following is a distinguishing mark of the accountancy profession? a. A drive to excellence b. Acceptance of the responsibility to act in the public interest c. Professional objectivity d. Professional skepticism

Description : Which of the following is a distinguishing mark of the accountancy profession? a. A drive to excellence b. Acceptance of the responsibility to act in the public interest c. Professional objectivity d. Professional skepticism

Last Answer : Acceptance of the responsibility to act in the public interest

The Code of Ethics contains both general ethical principles that are aspirational in character and also a: a. List of violations that would cause the automatic suspension of the CPA’s license. b. Description of the CPA’s procedures for responding to an inquiry from trial board. c. Set of specific, mandatory rules describing levels of conduct the CPA must observe. d. List of specific crimes that would be considered as acts discreditable to the profession.

Description : The Code of Ethics contains both general ethical principles that are aspirational in character and also a: a. List of violations that would cause the automatic suspension of the CPA's license. b ... observe. d. List of specific crimes that would be considered as acts discreditable to the profession.

Last Answer : Set of specific, mandatory rules describing levels of conduct the CPA must observe

Which of the following is one of the functions of Quality Review Committee: a. To promulgate accounting and auditing standards that will be generally accepted in the Philippines. b. To conduct a review on applicants for registration to practice public accountancy and render a report which shall be attached to the application for registration. c. To adopt a Code of Ethics for the practice of accountancy. d. To evaluate periodically the performance of educational institutions offering accountancy education.

Description : Which of the following is one of the functions of Quality Review Committee: a. To promulgate accounting and auditing standards that will be generally accepted in the Philippines. ... accountancy. d. To evaluate periodically the performance of educational institutions offering accountancy education.

Last Answer : To conduct a review on applicants for registration to practice public accountancy and render a report which shall be attached to the application for registration.

Which of the following most completely describes how independence has been defined by the CPA profession? a. Performing an audit from the viewpoint of the public. b. Avoiding the appearance of significant interests in the affairs of an audit client. c. Possessing the ability to act with integrity and objectivity. d. Possessing the ability to act professionally and accordance with a professional code of ethics.

Description : Which of the following most completely describes how independence has been defined by the CPA profession? a. Performing an audit from the viewpoint of the public. b. Avoiding the appearance of ... . d. Possessing the ability to act professionally and accordance with a professional code of ethics.

Last Answer : Possessing the ability to act with integrity and objectivity.

The underlying reason for a code of professional conduct for any profession is a. That it is required by congress. b. The need for public confidence in the quality of service of the professionc. That it provides a safeguard to keepunscrupulous people out.d. That it allows Professional RegulationCommission to have a yardstick tomeasure deficient performance

Description : The underlying reason for a code of professional conduct for any profession is a. That it is required by congress. b. The need for public confidence in the quality of service of the ... out. d. That it allows Professional Regulation Commission to have a yardstick to measure deficient performance

Last Answer : The need for public confidence in the quality of service of the profession

The underlying reason for a code of professional conduct for any profession is a. That it is required by Congressb. That it provides a safeguard to keepunscrupulous people out.c. The need for public confidence inthe quality of service of theprofession.d. That it allows Professional RegulationCommission to have a yardstick tomeasure deficient performance.

Description : The underlying reason for a code of professional conduct for any profession is a. That it is required by Congress b. That it provides a safeguard to keep unscrupulous people out. c. ... . d. That it allows Professional Regulation Commission to have a yardstick to measure deficient performance.

Last Answer : The need for public confidence in the quality of service of the profession

A professional accountant has a professional duty or right disclose confidential information in each of the following, except: a. To comply with technical standards and ethics requirements. b. To disclose to the Bureau of Internal Revenue any fraudulent scheme committed by the client on payment of income tax. c. To comply with the quality review of a member body or professional body d. To respond to an inquiry or investigation by a member body or regulatory body

Description : A professional accountant has a professional duty or right disclose confidential information in each of the following, except: a. To comply with technical standards and ethics requirements. b. To disclose to ... body d. To respond to an inquiry or investigation by a member body or regulatory body

Last Answer : To disclose to the Bureau of Internal Revenue any fraudulent scheme committed by the client on payment of income tax

A professional accountant has a professional duty or right to disclose confidential information in each of the following, except: a. To disclose to BIR fraudulent scheme committed by the client on payment of income tax. b. To comply with technical standards and ethics requirements. c. To comply with the quality review of amember body or professional bodyd. To respond to an inquiry or investigationby a member body or regulatory body

Description : A professional accountant has a professional duty or right to disclose confidential information in each of the following, except: a. To disclose to BIR fraudulent scheme committed by the client on payment ... body d. To respond to an inquiry or investigation by a member body or regulatory body

Last Answer : To disclose to BIR fraudulent scheme committed by the client on payment of income tax

A professional accountant has a professional duty or right to disclose confidential information in each of the following, except: a. To comply with technical standards and ethics requirements. b. To disclose to BIR fraudulent scheme committed by the client on payment of income tax. c. To comply with the quality review of a member body or professional body d. To respond to an inquiry or investigation by a member body or regulatory body

Description : A professional accountant has a professional duty or right to disclose confidential information in each of the following, except: a. To comply with technical standards and ethics requirements. b. To disclose ... body d. To respond to an inquiry or investigation by a member body or regulatory body

Last Answer : To disclose to BIR fraudulent scheme committed by the client on payment of income tax.

A practicing CPA is allowed by the CPA Code of Ethics to do the following except: a. Announce the change in office location in a newspaper. b. List his firm name in the building lobby directory in good taste and modest size. c. Include his tax account number and membership in PICPA on his stationary. d. List his office telephones in the PLDT directory to box or bold type

Description : A practicing CPA is allowed by the CPA Code of Ethics to do the following except: a. Announce the change in office location in a newspaper. b. List his firm name in the building lobby directory in ... in PICPA on his stationary. d. List his office telephones in the PLDT directory to box or bold type

Last Answer : List his office telephones in the PLDT directory to box or bold type

The objectives of the Philippine accountancy Act of 2004 are the following except: a. The standardization and regulation of accounting education. b. The examination for registration of certified public accountants. c. The integration of the accounting profession. d. The supervision, control, and regulation of the practice of accountancy in the Philippines

Description : The objectives of the Philippine accountancy Act of 2004 are the following except: a. The standardization and regulation of accounting education. b. The examination for registration of certified public ... d. The supervision, control, and regulation of the practice of accountancy in the Philippines

Last Answer : The integration of the accounting profession.

Regulation of the accounting profession include: a. Public Regulation as provided for in the Philippine Accountancy Act of 2004. b. Regulation within the profession, through the implementation of the Code of Ethicsc. Regulation within the firm, through theimplementation of a system of qualitycontrol.d. All of these.

Description : Regulation of the accounting profession include: a. Public Regulation as provided for in the Philippine Accountancy Act of 2004. b. Regulation within the profession, through the implementation of the Code of ... the firm, through the implementation of a system of quality control. d. All of these.

Last Answer : All of these.

A CPA’s retention of records as a means of enforcing payment of an overdue audit fee is an act that is: a. A violation of generally accepted auditing standards. b. Considered acceptable by the Code of Ethics. c. Ill advised since it would impair the CPA’s independence with respect to the client. d. Considered discreditable to the profession

Description : A CPA's retention of records as a means of enforcing payment of an overdue audit fee is an act that is: a. A violation of generally accepted auditing standards. b. Considered acceptable ... would impair the CPA's independence with respect to the client. d. Considered discreditable to the profession

Last Answer : Considered discreditable to the profession

Existing accountant, as defined in the Code of Ethics, means a. A professional accountant employed in industry, commerce, the public sector or education. b. Those persons who hold a valid certificate issued by the Board of Accountancy. c. A professional accountant in public practice currently holding an audit appointment or carrying out accounting, taxation, consulting or similar professional services for a client. d. A sole proprietor, or each partner or person occupying a position similar to that of a partner and each staff in a practice providing professional services

Description : Existing accountant, as defined in the Code of Ethics, means a. A professional accountant employed in industry, commerce, the public sector or education. b. Those persons who hold a valid ... a position similar to that of a partner and each staff in a practice providing professional services

Last Answer : A professional accountant in public practice currently holding an audit appointment or carrying out accounting, taxation, consulting or similar professional services for a client.

CPAs in public practice who perform assurance engagements are governed by the following, except a. Framework for Assurance Engagements b. Philippine Standards on Quality Control c. Code of Ethics for Professional Accountants in the Philippines d. AASC's Engagement Standards (PSAs, PSREs, PSAEs, and PSRSs

Description : CPAs in public practice who perform assurance engagements are governed by the following, except a. Framework for Assurance Engagements b. Philippine Standards on Quality Control c. Code of Ethics for ... Accountants in the Philippines d. AASC's Engagement Standards (PSAs, PSREs, PSAEs, and PSRSs

Last Answer : AASC's Engagement Standards (PSAs, PSREs, PSAEs, and PSRSs

Which of the following is not one of the general principles governing the audit of financial statements? a. The auditor should conduct the audit in accordance with PSA. b. The auditor should comply with the Philippine Code of Professional Ethics. c. The auditor should plan and perform the audit with an attitude of professional skepticism. d. The auditor should obtain sufficient appropriate evidence primarily through inquiry and analyticaprocedures to be able to draw reasonable conclusions.l

Description : Which of the following is not one of the general principles governing the audit of financial statements? a. The auditor should conduct the audit in accordance with PSA. b. The ... appropriate evidence primarily through inquiry and analytical procedures to be able to draw reasonable conclusions.

Last Answer : The auditor should obtain sufficient appropriate evidence primarily through inquiry and analytical procedures to be able to draw reasonable conclusions

Which of the following is not one of the grounds for proceedings against a CPA? a. Insanity. b. Immoral or dishonorable conduct. c. Gross negligence or incompetence in the practice of his profession. d. Engaging in public practice while being employed in a private enterprise

Description : Which of the following is not one of the grounds for proceedings against a CPA? a. Insanity. b. Immoral or dishonorable conduct. c. Gross negligence or incompetence in the practice of his profession. d. Engaging in public practice while being employed in a private enterprise

Last Answer : Engaging in public practice while being employed in a private enterprise

A CPA firm would be reasonably assured of meeting its responsibility to provide professional services that conform with professional standards by: a. Maintaining an attitude of independence in its engagements. b. Adherence to generally accepted auditing standards. c. Having an appropriate a system of quality control. d. Continuing professional education.

Description : A CPA firm would be reasonably assured of meeting its responsibility to provide professional services that conform with professional standards by: a. Maintaining an attitude of independence in its ... c. Having an appropriate a system of quality control. d. Continuing professional education.

Last Answer : Having an appropriate a system of quality contro

At the beginning of the current audit engagement, the auditor should perform key preplanning activities which include all of the following except: a. Performing procedures regarding client acceptance or continuance. b. Evaluating compliance with ethical requirements. c. Establishing an understanding of the terms of the engagement. d. Considering internal contro

Description : At the beginning of the current audit engagement, the auditor should perform key preplanning activities which include all of the following except: a. Performing procedures regarding client acceptance ... c. Establishing an understanding of the terms of the engagement. d. Considering internal contro

Last Answer : Considering internal contro

Professionals are expected to conduct themselves at a higher level than a. Anyone else. b. Their clients. c. Most other members of society. d. Most other members of their professio

Description : Professionals are expected to conduct themselves at a higher level than a. Anyone else. b. Their clients. c. Most other members of society. d. Most other members of their professio

Last Answer : Most other members of society

The principle professional competence and due care imposes which of the following obligations on professional accountants? a. To maintain professional knowledge and skill at the level required to ensure that a client or employer receives competent professional service. b. To comply with relevant laws and regulations and avoid any action that discredits the profession. c. Not to override or compromise his professional or business judgment because of bias, conflict of interest or undue influence of others. d. To be fair and truthful.

Description : The principle professional competence and due care imposes which of the following obligations on professional accountants? a. To maintain professional knowledge and skill at the level required to ensure that a ... , conflict of interest or undue influence of others. d. To be fair and truthful.

Last Answer : To maintain professional knowledge and skill at the level required to ensure that a client or employer receives competent professional service.

The principle of professional behavior requires a CPA to a. Be straightforward and honest in performing professional services. b. Perform professional services with due care, competence and diligence.c. Be fair and should not allow prejudice or bias, conflict of interest or influence of others to override objectivity. d. Act in a manner consistent with the good reputation of the profession and refrain from any conduct which might bring discredit to the profession

Description : The principle of professional behavior requires a CPA to a. Be straightforward and honest in performing professional services. b. Perform professional services with due care, competence and diligence. ... of the profession and refrain from any conduct which might bring discredit to the profession

Last Answer : Act in a manner consistent with the good reputation of the profession and refrain from any conduct which might bring discredit to the profession

Which of the following is prohibited by the Code of Professional Ethics for CPAs? a. Use of a firm name which includes the name of a retired partner. b. Accepting an engagement or employment which one cannot reasonably expect to complete or discharge with professional competence. c. Announcement in a newspaper of the opening of a public accounting office. d. Engaging in civic activities during business hours

Description : Which of the following is prohibited by the Code of Professional Ethics for CPAs? a. Use of a firm name which includes the name of a retired partner. b. Accepting an engagement or ... newspaper of the opening of a public accounting office. d. Engaging in civic activities during business hours

Last Answer : Accepting an engagement or employment which one cannot reasonably expect to complete or discharge with professional competence

Advertising, as defined in the Code of Ethics, means a. The communication to the public of facts about a professional accountant which are not designed for the deliberate promotion of that professional accountant. b. The approach to a potential client for the purpose of offering professional services. c. The communication to the public of information as to the services or skills provided by professional accountants in public practice with a view to procuring professional business. d. Any of the given choices

Description : Advertising, as defined in the Code of Ethics, means a. The communication to the public of facts about a professional accountant which are not designed for the deliberate promotion of that professional ... in public practice with a view to procuring professional business. d. Any of the given choices

Last Answer : The communication to the public of information as to the services or skills provided by professional accountants in public practice with a view to procuring professional business

Which part of the Code of Ethics applies to professional accountants in public practice? a. Part A b. Part B c. Part A and Part B d. Part C

Description : Which part of the Code of Ethics applies to professional accountants in public practice? a. Part A b. Part B c. Part A and Part B d. Part C

Last Answer : Part A and Part B

Which of the following is required to be performed in an audit but not in review engagement? a. Complying with the "Code of Professional Ethics for Certified Public Accountants" promulgated by the Board of Accountancy b. Planning the engagement c. Agreeing on the terms of engagement d. Studying and evaluating internal control structure

Description : Which of the following is required to be performed in an audit but not in review engagement? a. Complying with the "Code of Professional Ethics for Certified Public Accountants" promulgated ... engagement c. Agreeing on the terms of engagement d. Studying and evaluating internal control structure

Last Answer : Studying and evaluating internal control structure

The CPA shall not concurrently engage in any business or occupation which impairs his objectivity in rendering professional services or which is inconsistent with his practice or employment. This provision of the code of ethics is applicable to: a. Only to CPAs engaged in public accountancy. b. CPAs engaged in public accountancy or employed in a private enterprise. c. CPAs engaged in public accountancy or employed in a private enterprise or government agency. d. All CPAs engaged in public accountancy, or employed in a private enterprise, a government agency or an educational institution

Description : The CPA shall not concurrently engage in any business or occupation which impairs his objectivity in rendering professional services or which is inconsistent with his practice or employment. This ... accountancy, or employed in a private enterprise, a government agency or an educational institution

Last Answer : All CPAs engaged in public accountancy, or employed in a private enterprise, a government agency or an educational institution

The Code of Ethics would be violated if a CPA accepted a fee for services and the fee was: a. Fixed by a public authority. b. Based on a price quotation submitted in competitive bidding. c. Based on the results of judicial proceedings in a tax matter. d. Payable after a specified finding was attained in a review of financial statements

Description : The Code of Ethics would be violated if a CPA accepted a fee for services and the fee was: a. Fixed by a public authority. b. Based on a price quotation submitted in competitive bidding. c. ... in a tax matter. d. Payable after a specified finding was attained in a review of financial statements

Last Answer : Payable after a specified finding was attained in a review of financial statements

The Code of Professional Conduct would be violated if a member accepted a fee for services and the fee was a. Fixed by a public authority. b. Based on a price quotation submitted in competitive bidding. c. Based on the result of judicial proceedings. d. Payable after a specified finding was attained

Description : The Code of Professional Conduct would be violated if a member accepted a fee for services and the fee was a. Fixed by a public authority. b. Based on a price quotation submitted in competitive bidding. c. Based on the result of judicial proceedings. d. Payable after a specified finding was attained

Last Answer : Payable after a specified finding was attained

The Code of Professional Conduct would be violated if a member accepted a fee for services and the fee was a. Fixed by a public authority. b. Based on a price quotation submitted in competitive bidding. c. Based on the result of judicial proceedings. d. Payable after a specified finding was attained

Description : The Code of Professional Conduct would be violated if a member accepted a fee for services and the fee was a. Fixed by a public authority. b. Based on a price quotation submitted in competitive bidding. c. Based on the result of judicial proceedings. d. Payable after a specified finding was attained

Last Answer : Payable after a specified finding was attained

According to the Project Management Institute (PMI), the scope statement should address all of the following issues EXCEPT: Select one: a. project constraints. b. project assumptions c. project exclusions. d. code of conduct for the team members working on the project. e. project deliverables.

Description : According to the Project Management Institute (PMI), the scope statement should  address all of the following issues EXCEPT: Select one: a. project constraints. b. project assumptions c. project ... d. code of conduct for the team members working on the project. e. project deliverables.

Last Answer : d. code of conduct for the team members working on the project.

The term receiving accountant includes the following, except; a. A professional accountant in public practice to whom existing accountant has referred tax engagement. b. A professional accountant in public practice to whom the client of the existing accountant has referred audit engagement. c. A professional accountant in public practice who is consulted in order to meet the needs of the client. d. A professional accountant in public practice currently holding an audit appointment or carrying out accounting, taxation, consulting or similar professional services for a client.

Description : The term receiving accountant includes the following, except; a. A professional accountant in public practice to whom existing accountant has referred tax engagement. b. A professional accountant ... or carrying out accounting, taxation, consulting or similar professional services for a client.

Last Answer : A professional accountant in public practice currently holding an audit appointment or carrying out accounting, taxation, consulting or similar professional services for a client.

A person or firm possessing special skill, knowledge and experience in a particular field excluding accounting and auditing. a. Quality control reviewer b. Multiskilled personnel c. Expert d. Taxation specialist

Description : A person or firm possessing special skill, knowledge and experience in a particular field excluding accounting and auditing. a. Quality control reviewer b. Multiskilled personnel c. Expert d. Taxation specialist

Last Answer : Expert

The following methods are most likely to develop capabilities and competence, except: a. Professional education. b. Continuing professional development, including training. c. Work experience and coaching by less experienced staff d. Self-study modules on professional accounting and auditing literature

Description : The following methods are most likely to develop capabilities and competence, except: a. Professional education. b. Continuing professional development, including training. c. Work experience and ... by less experienced staff d. Self-study modules on professional accounting and auditing literature

Last Answer : Work experience and coaching by less experienced staf

Attainment of professional competence requires the following, except: a. Initially, a high standard of education. b. Specific education, training, and examination in professionally relevant subjects. c. Whether prescribed or not, a period of work experience. d. A continuing awareness and an understanding of relevant technical professional and business developments.

Description : Attainment of professional competence requires the following, except: a. Initially, a high standard of education. b. Specific education, training, and examination in professionally relevant ... A continuing awareness and an understanding of relevant technical professional and business developments.

Last Answer : A continuing awareness and an understanding of relevant technical professional and business developments.

The internal auditing profession has advanced primarily as a result of a. Increased interest by Bachelor of Science in Accountancy (BSA) graduates and experienced auditors. b. The limitation of financial statement audit scope. c. Job qualification specifications that include added emphasis on background knowledge and skills. d. Increased complexity and sophistication of business operations.

Description : The internal auditing profession has advanced primarily as a result of a. Increased interest by Bachelor of Science in Accountancy (BSA) graduates and experienced auditors. b. The ... emphasis on background knowledge and skills. d. Increased complexity and sophistication of business operations.

Last Answer : Increased complexity and sophistication of business operations.

A CPA firm would be reasonable assured of meeting its responsibility to provide professional services that conform with professional standards by: a. Adherence to GAAS b. Maintaining an attitude of independence in its engagements. c. Having an appropriate a system of quality control. d. Joining professional societies that enforce ethical standards

Description : A CPA firm would be reasonable assured of meeting its responsibility to provide professional services that conform with professional standards by: a. Adherence to GAAS b. Maintaining an ... appropriate a system of quality control. d. Joining professional societies that enforce ethical standards

Last Answer : Having an appropriate a system of quality control.

Which of the following is incorrect regarding professional competence? a. Professional accountants may portray themselves as having expertise or experience they do not possess. b. Professional competence may be divided into two separate phases. c. The attainment of professional competence requires initially a high standard of general education. d. The maintenance of professional competence requires a continuing awareness of development in the accountancy profession

Description : Which of the following is incorrect regarding professional competence? a. Professional accountants may portray themselves as having expertise or experience they do not possess. b. ... maintenance of professional competence requires a continuing awareness of development in the accountancy profession

Last Answer : Professional accountants may portray themselves as having expertise or experience they do not possess

Which of the following is required if the professional accountant uses experts who are not professional accountants? a. The professional accountant is discouraged to engage the services of experts who are not a professional accountant. b. The ultimate responsibility for the professional service is assumed by the expert who is not a professional accountant. c. The professional accountant must take steps to see that such experts are aware of the ethical requirements of the profession. d. Experts who are not professional accountants need not be informed of ethical requirements because they are not members of the Accountancy profession

Description : Which of the following is required if the professional accountant uses experts who are not professional accountants? a. The professional accountant is discouraged to engage the services of experts ... not be informed of ethical requirements because they are not members of the Accountancy profession

Last Answer : The professional accountant must take steps to see that such experts are aware of the ethical requirements of the profession.

The following are fundamental principles that are mostly applied when performing procedures on acceptance of new clients except: a. Confidentiality. b. Professional competence. c. Independence. d. Professional competence and due care.

Description : The following are fundamental principles that are mostly applied when performing procedures on acceptance of new clients except: a. Confidentiality. b. Professional competence. c. Independence. d. Professional competence and due care.

Last Answer : Independence

Which of the following statements is true? a. An independent auditor must be a CPA. b. Compliance audits are conducted to determine adherence to rules and regulations set by the auditor. c. An audit, if properly conducted, ensures that fraud is prevented. d. After conducting an audit and release of the auditor’s report, the primary responsibility on the fairness of the financial statements is shifted to the auditor

Description : Which of the following statements is true? a. An independent auditor must be a CPA. b. Compliance audits are conducted to determine adherence to rules and regulations set by the auditor. c. ... s report, the primary responsibility on the fairness of the financial statements is shifted to the auditor

Last Answer : An independent auditor must be a CPA.

The Code of Ethics states that the nurse’s primary commitment is to the client whether an individual of family, group or community. Which nursing activity would best demonstrate the ethical principle called justice? A. The nurse providing care on a “first come – first served” basis B. Referring the client for evaluation to the social worker on duty regarding her socio-economic status C. The client’s preference is least considered D. The nurse’s providing care to maximize health according to available resources

Description : The Code of Ethics states that the nurse's primary commitment is to the client whether an individual of family, group or community. Which nursing activity would best demonstrate the ethical ... is least considered D. The nurse's providing care to maximize health according to available resources

Last Answer : A. The nurse providing care on a “first come – first served” basis