The AICPA's Code of Professional Conduct Recognizes That the Duty

question 2

Multiple Choice

The AICPA's Code of Professional Conduct recognizes that the duty of confidentiality is:

• A) Absolute
• B) Subject to various exceptions, even without client consent
• C) Cannot be waived by a client
• D) Cannot be waived by a client if the public interest is best served by a particular client's information remaining confidential

---

Definitions:

Scientific Method

A systematic approach to research and inquiry where problems are identified, hypotheses formulated, experiments conducted, and conclusions drawn.

Controlled Laboratory Experiments

are research studies conducted in a highly regulated environment where variables are manipulated to observe their effects on outcomes.

Economics

The social science that studies how individuals, governments, firms, and nations make choices on allocating scarce resources to satisfy their unlimited wants.

Predictable

Able to be foreseen or declared in advance; capable of being predicted.