What are the three types of safeguards against threats to a CPA's compliance with the ethical rules of the profession?

Question

Quizplus · Accepted Answer

The three types of safeguards against threats to a CPA's compliance with the ethical rules of the profession are the safeguard of regulation, client-implemented controls, and CPA firm policies. Independence, legal liability, and accounting standards are important factors, but they are not part of the three types of safeguards. Self-control, internal compass, and future goals are personal traits and not safeguards. The safeguard of standards and Acts of Congress may be important, but they are not one of the three types of safeguards. Certification is also important but is not one of the three types of safeguards.

What Are the Three Types of Safeguards Against Threats to a CPA's