Membership in the AICPA:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Membership in the AICPA:
Group of answer choices
a) Automatically makes a CPA an individual member of IFAC as well
b) Automatically subjects a CPA to the ethical rules established by the IFAC Code as well, but only to the
extent such rules are no more stringent than the AICPA Code, in which event the more lenient AICPA
Code governs
c) Does not permit a CPA to join or reject membership in the IFAC as an individual
d) Gives the CPA the right to join IFAC as an individual upon payment of additional dues
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