The Exposure Draft, Responding to a Suspected Illegal Act, States

question 40

Multiple Choice

The exposure draft, Responding to a Suspected Illegal Act, states that a professional accountant who suspects some act or activity may be illegal would be required to do each of the following depending on the outcome of discussions at each stage of the process except for:

• A) Discuss the issue with the appropriate level of management
• B) Take the issue to higher levels of management
• C) Discuss the issue to the external auditors
• D) Take the issue to outside authorities if necessary

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Definitions:

Mamie Smith

An influential American blues singer and actress widely known as the "Queen of the Blues."

Crazy Blues

Recorded by Mamie Smith in 1920, this is known as the first blues recording by an African American singer, marking a significant moment in the history of popular music.

New York Jazz

A genre of jazz music that flourished in New York City, renowned for its innovation and influence on the development of jazz worldwide.

Professionalism

The conduct, aims, or qualities that characterize or mark a profession or professional person.