1 Which of the following is not a characteristic of
1. Which of the following is not a characteristic of a profession?
a. It enjoys a high level of public trust and confidence.
b. It is organized into associations.
c. There are published authoritative performance and ethical standards.
d. It is legalized by a regulatory body.
e. All of the above are characteristics of a profession.

2. Professional responsibility includes each of the following obligations except:
a. To follow the highest standards of conduct
b. To adhere to the provisions of a licensing authority
c. To always do exactly what a client wants no matter what the circumstances
d. To employ the degree of knowledge, skill, and judgment ordinarily possessed by members of the profession

3. A professional does not need advanced training in order to become licensed.
a. True
b. False

4. To practice as a forensic accountant, a person must be a member of the AICPA.
a. True
b. False

5. The AICPA’s Code of Professional Conduct provides useful information, but it is not the foremost source of guidance for accountants in public practice.
a. True
b. False

6. Which of the following is a correct description of a principle and a rule? Principle Rule
a. Conceptual Pragmatic
b. Pragmatic Internal force
c. Internal force External force
d. External force Pragmatic

7. Which of the following is a principle of professional conduct?
a. Be independent in the performance of professional services.
b. Exercise due care by performing in a competent and diligent manner.
c. Be in compliance with professional standards.
d. Do not disclose confidential client information.

8. Which of the following is not a general standard under the Rules of Professional Conduct?
a. Obtain sufficient relevant data.
b. Exercise due professional care.
c. Adequately plan and supervise all professional services.
d. Perform duties with a high level of professional skepticism.

9. If a forensic accountant is not a CPA, he or she must still comply with the AICPA’s Code of Professional Conduct.
a. True
b. False

10. A forensic accountant conducting a fraud examination must follow GAAP when presenting the subject’s financial data.
a. True
b. False

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