Richard T De George | Ethical Issues for Accountants

question 91

Multiple Choice

Richard T. De George | Ethical Issues for Accountants
In this reading, De George looks at the inherent conflicts of interest built into the US system in which accounting firms work for and are paid by the companies that hire them. Because of the rule of confidentiality, accountants may find themselves caught between loyalty to their clients and ethical obligations to the public at large. De George suggests a tightening of the guidelines for accountants presented in their professional codes.
-Some firms have attempted to construct ___________ between their auditing departments and their consulting departments, such that neither knows what the other is doing.

• A) set fees
• B) contingent fees
• C) "Chinese walls"
• D) audits

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Definitions:

Fall Risk

The likelihood of an individual experiencing a fall due to factors such as balance, strength, medications, or environmental hazards.

Nursing Diagnosis

A clinical judgment by a nurse about the responses of an individual, family, or community to actual or potential health problems/life processes, forming the basis for selecting nursing interventions.

Intravenous Infusion

The administration of liquid substances directly into a vein through an IV line.

Eye Examinations

Medical evaluations performed to assess vision and diagnose eye diseases, involving tests of visual acuity, eye pressure, and examination of the eye's interior.