The AICPA and IFAC Codes of Conduct Are

question 12

Multiple Choice

The AICPA and IFAC Codes of Conduct are:

• A) Substantially similar, but not identical
• B) Identical, except that the AICPA Code applies to Certified Public Accountants and the IFAC Code applies to other professional accountants
• C) Identical, except that the AICPA Code applies to accountants licensed in the United States and the IFAC Code applies to professional accountants licensed outside the United States
• D) Identical, except that the AICPA Code applies to individual accountants and the IFAC Code applies to accounting firms and other organizations of accountants

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Definitions:

Dependence

A condition characterized by the compulsive use of a substance or engagement in a behavior, leading to psychological or physical reliance.

Energetic

Exhibiting or involving a high level of energy or activity.

Cocaine

An addictive and potent stimulant made from coca plant leaves, renowned for inducing feelings of euphoria.

Alcohol

A psychoactive substance that is consumed in beverages and acts as a central nervous system depressant, affecting mood and behavior.