Which of the Following Statements Is True of AICPA's Code

question 13

Multiple Choice

Which of the following statements is true of AICPA's Code of Professional Conduct?

• A) Although AICPA membership is voluntary, membership mandates compliance with the Code of Professional Conduct.
• B) The purpose of the Code is to induce the accountants through guidance, rules, interpretations, and rulings to join the AICPA.
• C) The code helps members monitor their own behavior but it does not provide a framework for resolving disputes.
• D) The Code has two sections: principles and rationales.