Accountants in the United States Do Not Need to Learn

question 57

True/False

Accountants in the United States do not need to learn international accounting standards.

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Definitions:

Ethical Rule

A guideline or principle designed to govern behavior and decision-making, particularly in professional settings, to ensure moral and professional integrity.

Competence

The ability to do something successfully or efficiently.

Confidentiality

The obligation not to share or disclose private information to unauthorized parties.

Breach

The violation or breaking of a law, duty, or agreement, which can give rise to legal action or consequences.