Objectivity refers to the obligation that all members of the professional bodies:a. be straightforward and honest.b. refrain from disclosing information to people outside of their workplace that is learned as aresult of their employment.c. not allow their personal feelings or prejudices to influence their professional judgment.d. ensure that they do not harm the reputation of the accounting profession.

A professional body is an organization whereby the individual members practice their profession.

Answered: Objectivity refers to the obligation…

Contemporary Auditing

11th Edition

ISBN:9781337650380

Author:KNAPP

Publisher:KNAPP

Chapter6: Professional Roles

Section6.5: Avis Love, Staff Accountant

Problem 3Q

See similar textbooks

Similar questions

Professional behaviour refers to the obligation that all members of the professional bodies: a. ensure that they do not harm the reputation of the accounting profession. b. not allow their personal feelings or prejudices to influence their professional judgment. c. refrain from disclosing information to people outside of their workplace that is learned as a result of their employment. d. be straightforward and honest.
Which of the following ethical principles states that "A professional accountant should avoid any action that discredits the profession"? a. Integrity b. Objectivity c. Professional behavior d. Professional competence
Which one of the following fundamental principles of professional conduct is under threat when an accountant prepares an advertisement comparing the quality of their work with that of other accountants? Select one: a. Objectivity b. Professional behaviour c. Professional competence and due care d. Professional scepticism
Which ethical code is defined as “A professional accountant should not allow bias, conflict of interest or undue influence of others to override professional or business judgments” Professional competence and due care. None of the options Professional Behavior Confidentiality
Which of the following ethical principles states that “A professional accountant should not allow bias, conflict of interest or undue influence of others to override professional or business judgments” Professional Behaviour Confidentiality Integrity Objectivity
According to the ethical standards of the profession, which of the following acts by a CPA is generally prohibited? A. Purchasing a product from a third party and reselling it to a client. B. Writing a financial management newsletter promoted and sold by a publishing company. C. Accepting a commission for recommending a product to an audit client D. Accepting engagements obtained through the efforts of third parties.
Under the AICPA Code of Professional Conduct, which of the following rules is not applicable to CPAs in business? A. Integrity and objectivity B. General standards C. Independence D. Acts discreditable
A primary purpose for establishing a code of conduct within a professional organization is to: a Reduce the likelihood that members of the profession will be sued for substandard work. b Ensure that all members of the profession perform at approximately the same level of competence. c Demonstrate acceptance of responsibility to the interests of those served by the profession. d Require members of the profession to exhibit loyalty in all matters pertaining to the affairs of their organization
According to ethical standards of the profession, which of the following acts id generally prohibited? Accepting engagements obtained through efforts of third parties. Purchasing a product from a third party and reselling it to a client. Accepting a commission for recommending a product to an audit. Writing a financial management newsletter promoted and sold by a publishing company.
The ethical standards for certified public accountants only require that such accountants comply with applicable laws and regulations. True or False True False
Discuss the importance of ethical behavior in accounting and the consequences of unethical behavior.
24. A professional accountant should comply with relevant laws and regulations and should avoid any action that discredits the profession. Which of the following Fundamental principles of professional ethics matching with the above? a. Objectivity b. Integrity c. None of the options d. Confidentiality

SEE MORE QUESTIONS

Recommended textbooks for you

Contemporary Auditing

Accounting

ISBN:

9781337650380

Author:

KNAPP

Publisher:

Cengage

Business/Professional Ethics Directors/Executives…

Accounting

ISBN:

9781337485913

Author:

BROOKS

Publisher:

Cengage

Business Its Legal Ethical & Global Environment

Accounting

ISBN:

9781305224414

Author:

JENNINGS

Publisher:

Cengage

Contemporary Auditing

Accounting

ISBN:

9781337650380

Author:

KNAPP

Publisher:

Cengage

Business/Professional Ethics Directors/Executives…

Accounting

ISBN:

9781337485913

Author:

BROOKS

Publisher:

Cengage

Business Its Legal Ethical & Global Environment

Accounting

ISBN:

9781305224414

Author:

JENNINGS

Publisher:

Cengage

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

Intermediate Accounting: Reporting And Analysis

Accounting

ISBN:

9781337788281

Author:

James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS