Podcast
Questions and Answers
What is the primary goal of acting diligently and in accordance with applicable technical and professional standards?
What is the primary goal of acting diligently and in accordance with applicable technical and professional standards?
- To ensure compliance with relevant laws and regulations (correct)
- To avoid legal liability
- To maintain a good reputation in the industry
- To increase profit margins
Which of the following is an example of a self-interest threat?
Which of the following is an example of a self-interest threat?
- A professional accountant has a beneficial interest in a client's performance (correct)
- A client tries to harass a professional accountant
- A professional accountant is asked to promote a client's product
- A professional accountant is too sympathetic to a client due to a close relationship
What is the main purpose of respecting the confidentiality of information acquired as a result of professional and business relationships?
What is the main purpose of respecting the confidentiality of information acquired as a result of professional and business relationships?
- To comply with relevant laws and regulations (correct)
- To avoid legal liability
- To maintain a good reputation in the industry
- To protect clients' interests
Which of the following is an example of a familiarity threat?
Which of the following is an example of a familiarity threat?
What is the key principle of professional behavior that is relevant to anti-money laundering?
What is the key principle of professional behavior that is relevant to anti-money laundering?
Which of the following is an example of an intimidation threat?
Which of the following is an example of an intimidation threat?
What is the main purpose of maintaining professional knowledge and skill at the level required to ensure that a client receives competent professional service?
What is the main purpose of maintaining professional knowledge and skill at the level required to ensure that a client receives competent professional service?
Which of the following is relevant to tax evasion prevention?
Which of the following is relevant to tax evasion prevention?
Which of the following is an example of an advocacy threat?
Which of the following is an example of an advocacy threat?
What is the key principle of professional behavior that is relevant to personal data protection?
What is the key principle of professional behavior that is relevant to personal data protection?
