CPA Ethics Exam Questions and Answers Newly Updated

CPA Ethics Exam Questions and Answers Newly Updated
Question : Which category contains the ethical standards, a
violation of which makes a member liable to disciplinary
action?
(a) Ethics Rulings.
(b) Interpretations of the Rules.
(c) Rules.
CORRECT ANSWER: (c) is the conect answer. Code of
Professional
Conduct, Strncture, says that infraction of any of the rules
makes a member liable to disciplinary action.
(a) is wrong since members who depart from the
guidance in ethical rulings in similar circumstances
will be asked to justify such departure. They cannot
however be charged with violating a ruling.
(b) is also wrong since a member cannot be
charged with violating an interpretation. In a disciplina1y

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