In providing guidance to accountants,which ranks highest?
A)Research study.
B)Criteria of Control guidance.
C)CPA Canada Handbook Recommendation.
D)CPA Canada Handbook Guideline.

Question

Quizplus · Accepted Answer

CPA Canada Handbook Recommendations are the highest ranked guidance as they are authoritative and provide best practices based on professional judgment and experience. Research studies provide valuable insight, but may not be applicable or relevant to every situation. Criteria of Control guidance and CPA Canada Handbook Guidelines are also helpful, but do not carry the same weight as Recommendations.

In Providing Guidance to Accountants,which Ranks Highest