The Correct Statement Regarding the Regulation of Professional Ethics for Accountants

question 30

Multiple Choice

The correct statement regarding the regulation of professional ethics for accountants is:

• A) The government is the regulator.
• B) CPA Australia and the ICAA are the regulators.
• C) There is co-regulation between the professional bodies and the government.
• D) There is no current regulation.

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Definitions:

Bacilli

A classification of bacteria that are rod-shaped, found in various environments and including both pathogenic and non-pathogenic species.

Lateral Gene Transfer

The non-inheritance transmission of genetic material between different species, contributing to genetic diversity and evolution.

Vertical Gene Transfer

The transmission of genetic information from parent to offspring through sexual or asexual reproduction.

Conjugal Gene Transfer

A process in bacteria where genetic material is transferred between bacterial cells through direct contact.