Three key words used to describe the ethical responsibilities of accountants are:
A)CPA's, GAAP, AICPA
B)Competence, objectivity, and confidentiality
C)Reliability, integrity, and honesty
D)Integrity, intelligence, and reliability
E)Secrecy, intelligence, and reliability

Question

Quizplus · Accepted Answer

Competence, objectivity, and confidentiality are three key terms used to describe the ethical responsibilities of accountants.
Key Takeaway: All three codes of ethics that apply to accountants-those provided by the AICPA (American Institute of CPA's), the IMA (Institute of Management Accountants), and the IIA (the Institute of Internal Auditors)-reference these key responsibilities of competence, objectivity, and confidentiality in their ethics codes.

Three Key Words Used to Describe the Ethical Responsibilities of Accountants