Joseph Smith,a Forensic Accountant,is Considering Whether to Accept an Engagement

question 46

Multiple Choice

Joseph Smith,a forensic accountant,is considering whether to accept an engagement or not.From the preliminary information of the case,he is not able to identify a specific conflict of interest.However,he realizes that there is a chance that the engagement might create the perception of a conflict of interest in the professional community.Joseph should

• A) accept the engagement as there is not real conflict of interest.
• B) not accept the engagement because law does not allow acceptance of such engagements.
• C) accept the engagement because perception of conflict is not likely to affect him.
• D) not accept the engagement as perception of a conflict could erode his credibility.

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Definitions:

Economics Major

An Economics Major is an academic program focusing on the study of how societies use resources to produce goods and services and distribute them among populations.

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An academic concentration focused on the study of English literature, language, and writing.

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