According to Rule 501,which of the following is not a "discreditable act"?
A) Withholding a client's sales records.
B) Failing to file or remit tax payments.
C) Failing to follow requirements of the PCAOB during the audit of an SEC client.
D) Advertising that indicated the firm can reduce IRS penalties.

Question

Quizplus · Accepted Answer

Advertising that indicates the firm can reduce IRS penalties is not considered a "discreditable act" under Rule 501, as it does not inherently involve unethical behavior or a breach of professional standards.

According to Rule 501,which of the Following Is Not a "Discreditable