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.

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Definitions:

Psychological Descriptions

Narratives or analyses that detail an individual's mental characteristics, behaviors, or processes.

Indirect Message

Communication that is not straightforward and uses suggestion or innuendo to convey the message.

Quick Response

A method designed to provide immediate feedback or action.

Problem-solving Message

A communication aimed at addressing and providing solutions for a specific issue or challenge.