Question

7. Following the American Institute of Certified Public Accountants (AICPA) code of professional conduct

A is required only by members of the AICPA.
B is voluntary by members and nonmembers.
C is required only in situations that do not jeopardize personal interest.
D mandatory for all CPAs.

Answer 1

American institute of certified public accountants (AICPA) code has to be followed by all the certified public accountants.

AICPA is a body which satisfies the people who are qualified as certified public accountants and issue certain standards regarding the work, practice of the certified public accountantancy profession.

The code of professional conduct given by AICPA is mandatory for all CPA.

The answer is option D.

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