The AICPA's Code of Professional Conduct

question 9

Multiple Choice

The AICPA's Code of Professional Conduct:

• A) Applies only to accountants who work in public accountant practice as licensed CPAs
• B) Potentially applies to all licensed CPAs, whether they work in government, industry, academia, or public practice
• C) Provides a comprehensive definition of the accounting standards that collectively comprise GAAP
• D) Provides a comprehensive set of the accounting standards that comprise both GAAP and GAAS

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Definitions:

Deviance

Actions or behaviors that violate societal norms and expectations, often leading to negative sanctions.

Condemning

Expressing complete disapproval of something, often in a public or formal manner.

Conventional Motivations

Conventional motivations refer to standard or widely accepted reasons that drive people's actions within a society.

Child

A young human being below the age of puberty or below the legal age of majority.