Which of the following are fundamental ethical principles for professional accountants? 1 Competence 2 Compliance 3 Integrity 4 Objectivity
A2, 3 and 4 only
B1, 3 and 4 only
C1, 2 and 4 only
D
Study & Learn
Read every question, see the correct answer, and understand the explanation at your own pace. Study mode has no timer and no negative marking.
Correct answer
B. 1, 3 and 4 only
Explanation
1, 3 and 4 only is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
B. All of the above
Explanation
All of the above is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
C. Both A and C
Explanation
Both A and C is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
D. Joint stock Companies
Explanation
Joint stock Companies is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
A. The reliability of audit evidence and its relevance in meeting the audit objective
Explanation
The reliability of audit evidence and its relevance in meeting the audit objective is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
D. Effective internal control system provides reliable audit evidence
Explanation
Effective internal control system provides reliable audit evidence is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
C. The working papers may be obtained by third parties when they appear to be relevant to issues raised in litigation
Explanation
The working papers may be obtained by third parties when they appear to be relevant to issues raised in litigation is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
C. Technical errors
Explanation
Technical errors is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
D. Auditing
Explanation
Auditing is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
A. unqualified opinion with reference to notes to the accounts
Explanation
unqualified opinion with reference to notes to the accounts is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.