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The AICPA's Code of Professional Conduct Includes Principles,rules and Interpretations

Question 63

Essay

The AICPA's Code of Professional Conduct includes principles,rules and interpretations.
a.Describe the purpose of each of the three parts.
b.Describe the disciplinary action that may be taken against a member who violates the Code.
c.Must the Rules be followed by members of the AICPA that are not in public practice? Explain your answer.

Correct Answer:

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a.Principles provide an overall ethical ...

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