Question
1.According to the AICPA's Code of Professional Conduct, which of the following individuals is in a position to influence an attest engagement managed in the
1.According to the AICPA's Code of Professional Conduct, which of the following individuals is in a position to influence an attest engagement managed in the Boston office of a CPA firm (i.e. a covered member)?
a.The Boston office's managing partner who determines the compensation of the engagement partner.
b.Any Professional staff in the Seattle office of the CPA firm.
c.Partners in the Seattle office of the CPA firm.
d.Any Professional staff in the Boston office of the CPA firm.
e.All of the above
f.None of the above.
2.In which of the following circumstances would a CPA be allowed to disclose any confidentialinformation obtained during the course of a professional engagement?
a.The CPA receives a request from a local newspaper about a recent audit of a company.
b.A major stockholder of a client company seeks accounting information from the CPA after management declined to disclose the requested information.
c.To comply with an investigative or disciplinary hearing.
d.As an assignment, auditing students ask to look at the CPA's audit work papers.
e.For all of the above, information can be disclosed without problems relating to confidentiality.
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