Regarding proper ethical accounting guidelines, which, if any, of the following is correct?
A)The use of client estimates in preparing a return may be acceptable.
B)Under no circumstances should a question on a tax return be left unanswered.
C)If a client has made a mistake in a prior year's return and refuses to correct it, the accountant should withdraw from the engagement.
D)If the exact amount of a deduction is not certain so as to increase the appearance of greater certainty.
E)None of these.

Question

Quizplus · Accepted Answer

The use of client estimates is acceptable as long as it is disclosed and has reasonable basis.

Answer: C 
 If a client refuses to correct a mistake, the accountant should withdraw from the engagement to avoid association with unethical behavior.

Answer: D 
 It is unethical to increase the appearance of greater certainty by reporting an uncertain amount as exact.

Therefore, the correct choices are A, C, and D.

Regarding Proper Ethical Accounting Guidelines, Which, If Any, of the Following