To Whom Do the Accounting Codes of Professional Conduct (Either

question 30

Multiple Choice

To whom do the accounting codes of professional conduct (either the state board of public accountancy or AICPA) apply?

• A) Those CPAs in public accounting only.
• B) Those CPAs in industry, government, and education.
• C) Those CPAs in public accounting, industry, government, and education.
• D) Those CPAs in public accounting, doing auditing and taxation.

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Definitions:

Mutually Exclusive

Events that cannot occur at the same time, meaning the occurrence of one event makes it impossible for the other event to occur.

Exhaustive

Pertaining to a comprehensive or complete method or approach that leaves no aspect unexplored or unaddressed.

Independent Events

Two or more events where the occurrence or outcome of one event does not affect the occurrence or outcome of another.

Intersection of Events

The set containing all the outcomes that are common to two or more events in probability and statistics.