If a CPA Leaves a Job in Public Accounting to Commence

question 15

Multiple Choice

If a CPA leaves a job in public accounting to commence work as a member of a company's internal accounting staff,this CPA:

• A) No longer has to be concerned about conflicts of interest
• B) Still has to be concerned about conflicts of interest involving former clients as well as conflicts of interest arising at her new workplace
• C) Only has to be concerned about conflicts of interest involving her former clients because industry accountants are not subject to the AICPA's conflict of interest rules
• D) Does not have to be concerned about conflicts of interest that may arise between loyalty to her new employer and loyalty to her former employer

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Definitions:

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