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To be meaningful, a code of ethics must strike a balance between being _______. A. above the law but below the ideal B. below the

To be meaningful, a code of ethics must strike a balance between being _______.

A. above the law but below the ideal

B. below the law but above the ideal

C. above the law but below practical

D. below the law but above practical

If a CFO of a company is dealing with an ethical situation, which section of the AICPAs Code of Professional Ethics might he/she refer?

A. Part I

B. Part II

C. Part III

D. Some other section

In the online version of the AICPA Code of Professional Conduct, what are used to make it easy to find related topics?

A. Summaries

B. A series of hyperlinks

C. Outlines

D. Interpretations

If new information comes to light that would cause the auditor to establish a different level of planning materiality, then the auditor _______.

A. should examine the information and make adjustments to materiality as needed

B. issue a qualified opinion as part of the audit report

C. follow the auditing standards that recommend an appropriate percentage of total assets as a benchmark for planning materiality for all companies

D. have management of the company select the appropriate benchmark for planning materiality

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