Which One of the Following Is an Example of a Conflict

question 42

Multiple Choice

Which one of the following is an example of a conflict of interest for a CPA?

• A)Performing tax services and a compilation engagement for a client.
• B)Serving as legal counsel and an auditor for a client.
• C)Providing an audit on internal financial controls and financial statements for a client.
• D)Serving as a chief financial officer as an employee and as a member of the board of directors.

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Definitions:

Reaction

A process in chemistry in which one or more substances, the reactants, undergo a transformation to form new substances, the products.

Reaction

A process where one or more substances are converted into different substances through the breaking and forming of chemical bonds.

Reaction Product

The materials that result from chemical reactions.

Organic Chemistry

The branch of chemistry that studies the structure, properties, composition, reactions, and synthesis of carbon-containing compounds.