For questions 12 to 14 , select the correct answer? professional duties in accordance with relevant 12. A professional accountant who fais to principles? (LO 6 ) a) Profescional competence. and due care b) Integrit b) Objectivity d) Confidentiality e) Professional behaviour 13. Which of the following will create a threat to integrity: (LO 7) a) performing both assurance and non-assurance services at a client b) Disclosing information which was obtained from a client to a third party false information d) Receiving a fully paid holiday from a client a) Owning shares in the audit client b) Receiving sporting event tickets from a client c) Having a family member working at the client d) Performing auditing and accounting work for a client For questions 15 to 19 , indicate whether the statement is true or false: 15. The following would all create threats to independence: (LO 7 ) a) Establishing a business relationship with an audit client b) Accepting a fully paid holiday from an audit client c) Owning shares in an audit client to the general public a) Testifying in a court case on behalf of an audit client b) Selling shares on behalf of an audit client c) An audit client threatens you with litigation d) Implementing a new accounting system for a client and performing the audit of the client 17. Mr Wilson is the audit manager in charge of the audit of Tuscany Limited and his wife is a material shareholder of Tuscany Limited. Mr Wilson will be allowed to be the audit manager on Tuscany Limited if his wife sells her shares in Tuscany Limited. (LO 7) 18. The IRBA has its own Code of Professional Conduct. (LO 8) 19. The SAICA Code of Professional Conduct promotes a conceptual framework to which professional accountants must adhere. (LO 6)