Friday, March 07, 2008


According to the ethical standards of the profession, a CPA's independence would most likely be impaired if the CPA:

a. Accepted any gift from a client.
b. Became a member of a trade association that is a client.
c. Contracted with a client to supervise the client's office personnel.
d. Served, with a client bank, as a co-fiduciary of an estate or trust.

Correct Ans - C

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