The AICPA Code of Professional Conduct States That a CPA

question 45

Multiple Choice

The AICPA Code of Professional Conduct states that a CPA shall not disclose any confidential information obtained in the course of a professional engagement except with the consent of the client.This rule should be understood to preclude a CPA from responding to an inquiry made by:

• A)The trial board of the AICPA.
• B)An investigative body of a state CPA society.
• C)A CPA-shareholder of the client corporation.
• D)An AICPA voluntary quality review body.

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Definitions:

Native-born Workers

Employees who were born in the country where they are working, as opposed to immigrant or foreign workers.

Wage-gap

is the difference in average earnings between different groups of workers, often used to discuss disparities based on gender, race, or education.

Migration Costs

Expenses and sacrifices associated with moving from one location to another, which can include monetary costs, emotional strain, and time.

Substitute Resources

Resources or inputs that can be used in place of each other in the production process.