COPC

COPC

University

7 Qs

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COPC

COPC

Assessment

Quiz

Other

University

Practice Problem

Hard

Created by

CELINE KOTZE

Used 5+ times

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which part of the Code of Professional conduct will apply to a professional accountant who is the CEO of a company?

Part 2

Part 1 and 2

Part 1 and 3

Part 4

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which fundamental principle requires a professional accountant to comply with laws and regulations?

Professional competence and due care

Integrity

Professional behaviour

Objectivity

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Providing valuation services to an audit client creates the following threats - select all that applies

Advocacy

Familiarity

Self-interest

Self-review

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following forms part of the framework of the COPC? - select all that applies

Identify the breach of fundamental principles

Evaluate the threat

Address the threat

Identify the threat

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Part 4A of the COPC applies to non-assurance engagements

True

False

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

A threat is only acceptable when - select all that applies

It is eliminated

It is reduced

It is reduced to an acceptable level

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following do not form part of the fundamental principles?

Objectivity

Professional behaviour

Acting ethically

Confidentiality

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