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24. Several months after an unqualified audit report was issued, the
auditor discovers the financial statements were materially misstated.
The client's CEO agrees that there are misstatements, but refuses to
correct them. She claims that "confidentiality" prevents the CPA from
informing anyone. Which of the following statements is correct?
25. When a member observes the profession's technical and ethical
standards and strives to continually improve her competence and
quality of services, she is exercising:
26. A CPA firm may charge a contingent fee for:
27. The AICPA's Code of Professional Conduct requires
independence for all:
28. The Sarbanes-Oxley Act ________ a CPA firm from doing both
bookkeeping and auditing services for the same public company
client.
29. According to the Principles section of the Code of Professional
Conduct, all members:
30. A six-step approach is often used to resolve an ethical dilemma.
The first step in this process is to:
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ACC 403 Week 4 Quiz 3
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