uestion:1 A privately held company recently outsourced its information processing system to a CPA who also has been asked to conduct the year-end financial statement audit.  Management accepts responsibility for the information processed by the CPA and the CPA will not assume the role of an employee in any way.  The statement pertains to AICPA code of conduct rule: A.  Commissions and Referral Fees                                   C.  Independence B.  Confidential Client Information                                   D.  Integrity and Objectivity

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter1: Accounting As A Form Of Communication
Section: Chapter Questions
Problem 1.7DC
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uestion:1

A privately held company recently outsourced its information processing system to a CPA who also has been asked to conduct the year-end financial statement audit. 

Management accepts responsibility for the information processed by the CPA and the CPA will not assume the role of an employee in any way.  The statement pertains to AICPA code of conduct rule:

A.  Commissions and Referral Fees                                   C.  Independence

B.  Confidential Client Information                                   D.  Integrity and Objectivity

 

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