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:

Neuroticism

This personality dimension involves a high propensity for experiencing negative emotions, such as anger, anxiety, or depression, more frequently and intensely than others.

Introverted

A personality trait characterized by a preference for solitary activities and environments that are not overly stimulating; introverts tend to be more internal in their focus.

Extraverted

A personality trait characterized by orientation of interests towards the external world and other people, rather than the internal, subjective world.

Amygdala

A region of the brain involved in experiencing emotions, notably fear and pleasure, and processing emotional memories.