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Module 5 Ethical Issues in Accounting and Finance

Module 5 Ethical Issues in Accounting and Finance

Q Question 1 Accountants may be held liable for negligence if they: Question 2 Ethical issues created when an external accountant is hired to audit and prepare the financial documents are: Question 3 Which of the following organizations helps accountants define right/wrong and ethical/unethical issues in accounting? Question 4 Persons who are knowledgeable in a given field, or perceived by others to be knowledgeable, exercise: Question 5 Which of the following standards is an internal accountant not expected to maintain?

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1.. all of the above 2.all of the above 3.American Institute of Certified Public Accountants 4.expert power 5.independence