Which of the Following Statements Is True of the Standards

question 29

Multiple Choice

Which of the following statements is true of the standards of professional organizations?

• A) NACVA's Professional Standards, which are applicable to its members when providing any taxation services, require compliance with the ten fundamental rules.
• B) AICPA, the world's largest valuation services organization, requires its members to comply with six fundamental principles as per AICPA's Code of Professional Standards.
• C) Seven consulting service standards are contained in Statement on Standards for Consulting Services No. 1, including the four general standards provided by Rule 203 of the ACFE Rules of Professional Conduct.
• D) Six principles are identified in the AICPA Code of Professional Conduct and they call for a commitment to moral behavior and an emphasis on maintaining the public's trust.

---

Definitions:

Lincoln's Thinking

Refers to the ideas, beliefs, and thought processes of Abraham Lincoln, the 16th president of the United States, particularly in regards to issues like slavery, nationhood, and democracy.

Postwar Policy

Policies and strategies implemented by a country or organization following the end of a major conflict, aimed at recovery, reconstruction, and addressing the underlying issues that led to the war.

Black Suffrage

The right of African Americans to vote, a key issue during the Reconstruction era, culminating in the 15th Amendment.

Radical Republicans

A faction within the Republican Party in the United States during and after the Civil War, known for their strong opposition to slavery and their efforts to secure rights for freed slaves.