Section 3 professional competence 32 which of the

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SECTION 3 - Professional Competence 32. Which of the following is incorrect regarding professional competence? a. Professional accountants may portray themselves as having expertise or experience they do not possess. b. Professional competence may be divided into two separate phases. c. The attainment of professional competence requires initially a high standard of general education. d. The maintenance of professional competence requires a continuing awareness of development in the accountancy profession. 33. Which of the following is the least required in attaining professional competence?
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Page 6 of 21 SECTION 4 - Confidentiality 34. Which of the following is incorrect regarding confidentiality? 35. A professional accountant has a professional duty or right to disclose confidential information in each of the following, except SECTION 5 - Tax Practice 36. Which of the following is incorrect regarding the professional accountants’ tax practice? a. A professional accountant rendering professional tax services is entitled to put forward the best position in favor of a client, or an employer. b. Doubt may be resolved in favor of the client or the employer if there is reasonable support for the position. c. A professional accountant may hold out to a client or an employer the assurance that the tax return prepared and the tax advice offered are beyond challenge. d. Professional accountants should ensure that the client or the employer are aware of the limitations attaching to tax advice and services so that they do not misinterpret an expression of opinion as an assertion of fact.
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  • Spring '10
  • Mr.Cula
  • Accounting, Accountant, Certified Public Accountant

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