As Per ACFE Standards of Professional Conduct,which of the Following

question 44

Multiple Choice

As per ACFE Standards of Professional Conduct,which of the following requires a member not to disclose privileged information obtained during the course of an engagement without the express consent of the client or order of a court?

• A) confidentiality and integrity
• B) client interest and equal treatment
• C) professionalism and fair dealing
• D) due professional care and objectivity

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Definitions:

Income Tax Expense

The amount of money a company owes in taxes based on its taxable income.

Long-term Debt

Debt obligations with a maturity of more than one year, utilized to finance a company's operations or expansions over a longer period.

Capital Lease

A lease arrangement that transfers substantially all the risks and rewards of ownership of an asset to the lessee, essentially treated as a purchase.

Retained Earnings

The portion of net earnings not paid out as dividends but instead reinvested in the company or used to pay off debt.