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Question 39 of 40 2.5 Points One of the differences between the ethical obligations of CPAs and lawyers is: A.Lawyers are obligated first and foremost

Question 39 of 40

2.5 Points

  • One of the differences between the ethical obligations of CPAs and lawyers is:
  • A.Lawyers are obligated first and foremost to the public interest while CPAs are obligated to their clients' interests
  • B.Lawyers are obligated first and foremost to the client's interest while CPAs are obligated to the public interest
  • C.Lawyers and CPAs both must be independent of their clients
  • D.Lawyers and CPAs must exercise objective judgment

Question 40 of 40

2.5 Points

  • The Navistar International case examines:
  • A.Whether Deloitte followed all provisions of the AICPA Code
  • B.Whether PwC followed all provisions of the AICPA Code
  • C.Recording of revenue in the proper period
  • D.Recording of round-trip transactions

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