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As a member of a professional accounting association, when considering the applicability of the rules of professional conduct, a PA would be responsible for compliance
As a member of a professional accounting association, when considering the applicability of the rules of professional conduct, a PA would be responsible for compliance by O a themselves only. O b. themselves, their employees, and partners. their partners in the practice and themselves. OC Od their employees. An example of a breach of contract would be O a. an auditor's refusal to return a client's records until the client paid last year's audit fees. O b. an auditor's failure to complete the audit by the agreed-upon date because the client's financial records had been destroyed. Oc a bank's claim that an auditor had a duty to uncover material errors in financial statements that had been relied on in making a loan. a public accounting firm's failure to deliver a tax return on the agreed-upon date because the firm had a backlog of other work that was more lucrative. O d. In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is greater for a. employee fraud because of the irregular hours worked by some employees. Ob. management fraud because managers are inherently smarter than employees. Oc. management fraud because of management's ability to override existing internal controls. O d. employee fraud because of the larger number of employees in the organization
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