Problem 11. A professional engineer, originally licensed 30 years ago, is asked to act as a consultant on a newly developed computerized control system for a public transportation system. The engineer may accept this project if

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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please solve both 12 and 11 and explain the reason for your choice.

Probiem 11. A professional engineer, originally licensed 30 years ago, is asked to act as a consultant
on a newiy developed computerized control system for a public transportation system. The engineer
may accept this project if
(A) he or she is competent in the area of modern control systems.
(B) his or her professional engineering license has not lapsed.
(C) his or her original area of specialization was in transportation
systems.
(D) he or she has regularly attended annual meetings of a
professional engineering society.
Problem 12.
Which of the following is not required for an engineer
to accept a project?
(a) The engineer must be fully competent in the area
with which the project is concerned.
(b) The project must have been won through a com-
petitive bidding process.
(c) The project must in no way endanger the public.
(d) The client must be informed of any possible con-
flicts of interest that the engineer might have.
Transcribed Image Text:Probiem 11. A professional engineer, originally licensed 30 years ago, is asked to act as a consultant on a newiy developed computerized control system for a public transportation system. The engineer may accept this project if (A) he or she is competent in the area of modern control systems. (B) his or her professional engineering license has not lapsed. (C) his or her original area of specialization was in transportation systems. (D) he or she has regularly attended annual meetings of a professional engineering society. Problem 12. Which of the following is not required for an engineer to accept a project? (a) The engineer must be fully competent in the area with which the project is concerned. (b) The project must have been won through a com- petitive bidding process. (c) The project must in no way endanger the public. (d) The client must be informed of any possible con- flicts of interest that the engineer might have.
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