A public accountant would be facing an ethical dilemma when deciding whether or not to
A)overlook a material overstatement of revenues to maintain a good client relationship.
B)overlook a non-material error in the financial statements.
C)accept an invitation from the client to go golfing in order to maintain a good client relationship.
D)participate in a charitable activity organized by the client.

Question

Quizplus · Accepted Answer

A public accountant has a responsibility to ensure accuracy in the financial statements of their client. Overlooking a material overstatement of revenues to maintain a good client relationship would be a breach of ethical responsibility and can potentially harm the public's confidence in the profession. It is important for the public accountant to maintain a strong ethical standard and report any material errors or misrepresentations in the financial statements.

A Public Accountant Would Be Facing an Ethical Dilemma When