A CPA, while performing an audit, strives to achieve independence in appearance in order to:
A)reduce risk and liability.
B)meet the minimum requirements of the code of professional conduct.
C)become independent in fact.
D)maintain public confidence in and reliance on the profession.

Question

Quizplus · Accepted Answer

Maintaining independence in appearance is essential for a CPA to maintain public confidence in and reliance on the profession. It helps to ensure the integrity and objectivity of the audit process and instills trust in the financial statements being audited. Reduced risk and liability, meeting minimum requirements, and becoming independent in fact may all be benefits of maintaining independence in appearance, but they are not the primary reason for striving for it.

A CPA, While Performing an Audit, Strives to Achieve Independence