An Enrolled Agent Is Subject to the AICPA's Code of Professional

question 18

Multiple Choice

An Enrolled Agent is subject to the AICPA's Code of Professional Conduct:

• A) Automatically
• B) Only if she also holds a state CPA license as well
• C) Only if she is granted membership in the AICPA
• D) Only if she performs auditing services as an employee or partner in a CPA firm that is an AICPA member

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Definitions:

Efficiency

The extent to which time, effort, or cost is well used for the intended task or purpose, often with the goal of minimizing waste and maximizing output.

Equality

A state of being equal, especially in status, rights, and opportunities.

Income Redistribution

A policy or process aimed at adjusting the distribution of income among a population to reduce inequality.

Economics

The social science concerned with the production, distribution, and consumption of goods and services, and the analysis of the choices people make to satisfy their needs.