Which of the Following Is the Best Statement of the General

question 7

Multiple Choice

Which of the following is the best statement of the general standard of performance owed by an accountant in his or her professional work?

• A) To do the job correctly and discover all irregularities.
• B) To follow generally accepted accounting principles (GAAP) and generally accepted auditing standards (GAAS).
• C) To act as a professional and not commit fraud.
• D) To exercise the skill and care of the ordinarily prudent accountant in the same circumstances.