FUNDAMENTAL PRINCIPLES

Professional accountants shall comply with the following fundamental principles of ethics except?

• Integrity

• Subjectivity

• Professional Competence and Due Care

• Confidentiality

• Professional Behaviour

The principle of ____________________imposes an obligation on all professional accountants to be straightforward and honest in all professional and business relationships.

• Integrity

• Objectivity

• Professional Competence and Due Care

• Confidentiality

• Professional Behaviour

The principle of ______________imposes an obligation on all professional accountants not to compromise their professional or business judgment because of bias, conflict of interest or the undue influence of others.

• Integrity

• Objectivity

• Professional Competence and Due Care

• Confidentiality

• Professional Behaviour

The principle of ______________imposes an obligation on all professional accountants to refrain from disclosing outside the firm or employing organization confidential information acquired as a result of professional and business relationships without proper and specific authority or unless there is a legal or professional right or duty to disclose.

• Integrity

• Objectivity

• Professional Competence and Due Care

• Confidentiality

• Professional Behaviour

A professional accountant shall comply with the principle of professional behaviour, which requires an accountant to comply with relevant laws and regulations and avoid any conduct that the accountant knows or should know might discredit the profession under the fundamental principles:

• Integrity

• Objectivity

• Professional Competence and Due Care

• Confidentiality

• Professional Behaviour

______________ is the threat that a financial or other interest will inappropriately influence a professional accountant’s judgment or behavior

• Self- interest threat

• Self-Review Threat

• Advocacy Threat

• Familiarity Threat

• Intimidation Threat

______________ is the threat that a professional accountant will not appropriately evaluate the results of a previous judgment made; or an activity performed by the accountant, or by another individual within the accountant’s firm or employing organization, on which the accountant will rely when forming a judgment as part of performing a current activity;

• Self- interest threat

• Self-Review Threat

• Advocacy Threat

• Familiarity Threat

• Intimidation Threat

______________ is threat that a professional accountant will promote a client’s or employing organization’s position to the point that the accountant’s objectivity is compromised

• Self- interest threat

• Self-Review Threat

• Advocacy Threat

• Familiarity Threat

• Intimidation Threat

______________ is the threat that due to a long or close relationship with a client, or employing organization, a professional accountant will be too sympathetic to their interests or too accepting of their work

• Self- interest threat

• Self-Review Threat

• Advocacy Threat

• Familiarity Threat

• Intimidation Threat

______________ is the threat that a professional accountant will be deterred from acting objectively because of actual or perceived pressures, including attempts to exercise undue influence over the accountant.

• Self- interest threat

• Self-Review Threat

• Advocacy Threat

• Familiarity Threat

• Intimidation Threat