What Can a CPA Do to Maintain Technical and Ethical

question 38

Multiple Choice

What can a CPA do to maintain technical and ethical standards through due care?

• A) Update competence through continuing accounting education and improving the quality of services.
• B) Abide by the meaning and intent of the Code when determining the type of services offered to clients.
• C) Be independent from clients when certifying that statements are true and genuine.
• D) Promote the public's confidence in the profession at every opportunity.
• E) Serve the public honorably.

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Definitions:

Oils

Organic substances that are liquid at room temperature and are insoluble in water but soluble in organic solvents.

Fatty Acid Structures

The molecular arrangement of fatty acids, which typically consist of long hydrocarbon chains with a terminal carboxylic acid group; can be saturated or unsaturated.

Acid Base Hydrolysis

A reaction where water and an acid or base catalyze the breakdown of a molecule, often leading to the cleavage of chemical bonds.

Triacylglyceride

A lipid molecule made up of three fatty acids esterified to glycerol, serving as the primary form of energy storage in animals.