Which of the Following Statements Best Defines the Rule of Compliance

question 24

Multiple Choice

Which of the following statements best defines the rule of compliance as per AICPA's Code of Professional Conduct,ET Sec.200,Rule 202?

• A) It requires a member to be honest and candid within the constraints of client confidentiality.
• B) It urges the members to adhere the standards promulgated by various professional bodies designated by Council.
• C) It precludes relationships that may appear to impair a member's objectivity in rendering various professional services.
• D) It induces members to disclose any confidential client information without the specific consent of the client.

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Definitions:

Similar Tasks

Tasks that share common features or objectives, requiring similar skills or processes to complete.

Bureaucracy Structure

A hierarchical organizational structure characterized by fixed areas of responsibility, a defined hierarchy of authority, and a set of rules and procedures to control operations and decision-making.

Formalized Structure

An organizational setup that emphasizes well-established rules and procedures, clear hierarchy, and fixed duties and responsibilities.

Centralization

The concentration of control or authority in the hands of a central government, organization, or individual.