Question

25.          Which of the following is a reason why dynamic visual exhibits are utilized in a courtroom?

            A) A long presentation is less likely to produce memorable highlights.

            B) Visual tools bring a change in the pace of the presentation and prevent monotony.

            C) It is easier to present data in a visual form than in words.

            D) Information can be communicated more efficiently in visual form.

26.       Which of the following is true of data mining?

            A) It cannot reflect the past behavior of the system being studied.

            B) It cannot examine the relationships among various factors.

            C) It cannot analyze an observation from multiple perspectives.

            D) It cannot detect a fraudulent transaction with certainty.

27.       Which of the following statements best differentiates a profession and a professional?

            A) A profession is an occupation that requires advanced education and training and a professional is a person who oversees the behavioral actions of those who practice a profession.

            B) A profession is a value-based internal force for behavioral action and a professional is a person who oversees the behavioral actions of those who practice a profession.

            C) A profession is an occupation that requires advanced education and training and a professional is a person who practices a profession.

            D) A profession is an occupation that requires advanced education and training and a professional is a value-based internal force for behavioral action.

28.       Which of the following is the AICPA's Code of Professional Conduct principle that requires a member to observe the principles of objectivity, independence, and due care?

            A) general standards

            B) integrity

            C) accounting principles

            D) due professional care

           

29.       Which of the following is a rule of AICPA's Code of Professional Conduct?

            A) discharging responsibilities with integrity, objectivity, due professional care, and a genuine interest in serving the public

            B) be independent in the performance of professional services

            C) cooperating with other professional members to improve the art of accounting, maintaining the public's confidence

            D) carrying out the profession's special responsibilities for self-governance

30.          Which of the following statements best defines the standard of client interest as per the consulting service standards contained in SSCS No. 1?

            A) It requires a member to inform the client of conflicts of interest, significant reservations regarding the scope and benefits of the engagement, and significant findings.

            B) It induces members to disclose any confidential client information without the specific consent of the client.

            C) It urges the members to adhere the standards promulgated by various professional bodies designated by Council.

            D) It requires a member to serve the client while maintaining integrity and objectivity.

Answer 1