Mark is working as a Project Engineer in one of the IT firm. In providing IT services to a potential customer, Mark writes a business proposal claiming that he has enough manpower to provide the IT service but actually his organization does not. Which of the following aspect of measure of excellence in the production of the technical document is NOT met in the situation? O a. Mark's business proposal seems to miss measure of accuracy. O b. Mark's business proposal is not providing the feature of correctness. O c. Mark's business document fails in the aspect of conciseness as it needs to be useful for the potential customer O d. None of the above

Mark is working as a Project Engineer in one of the IT firm. In providing IT services to a potential customer, Mark writes a business proposal claiming that he has enough manpower to provide the IT service but actually his organization does not. Which of the following aspect of measure of excellence in the production of the technical document is NOT met in the situation? O a. Mark's business proposal seems to miss measure of accuracy. O b. Mark's business proposal is not providing the feature of correctness. O c. Mark's business document fails in the aspect of conciseness as it needs to be useful for the potential customer O d. None of the above

Business/Professional Ethics Directors/Executives/Acct

8th Edition

ISBN:9781337485913

Author:BROOKS

Publisher:BROOKS

Chapter6: Professional Accounting In The Public Interest

Section: Chapter Questions

Problem 27Q

See similar textbooks

Similar questions

Mohammed was recently interviewed for an accounting job. His employer told him that the job emphasizes future orientation and less verifiability and involves preparing reports to be primarily used by internal users. Mohammed is probably going to work as: a. None of the given answers O b. AFinancial accountant O C. A Management accountant d. A Human resource manager e. A Marketing specialist
Which of the following statements is false regarding the ethical obligations of professional accountants? Multiple choice question. they must seek to maximize the owners' profits. they must continually upgrade their skills in order to be competent their obligations are outlined in a code of ethics. they must treat sensitive information confidentially Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Mohammed was recently interviewed for an accounting job . His employer told him that the job emphasizes objectivity and verifiability and involves preparing reports to be primarily used by external users. Mohammed is probably going to work as: a. A Financial accountant b. A Human resource manager. c. Management accountant d. None of the given answers e. A Marketing specialist
After accepting an assignment, a CPA learns that the client's industry is more complex than he anticipated and that he lacks proficiency in some aspects of the operation. What are the alternatives available to the CPA?
Mr. Abdullah is an auditor in XYZ LLC. His job is to see the correctness of financial statements and to give suggestions. He came to know that his company is entering into a new product line, so he started discussing about it on various places and about its projection in the future. In this situation there is a chance of _________________. a. None of the options b. Familiarity threat c. Self review threat d. Advocacy threat Clear my choice
How specifically do you contribute to or impact the financial health of your organization? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Mr. Bader is leaving the accounting practice to become the Finance Director of a client company. The ethical dilemma he is most likely to face would be a. Objectivity b. Integrity c. Professional Behavior d. Confidentialit
Indicate whether each of the following statements is true or false. 1. When designing an accounting system, we need to think about the needs and knowledge of both the top managers and various other users. 2. When the environment changes as a result of technological advances, increased competition, or government regulation, an accounting system does not have to be sufficiently flexible to meet the changes in order to save money. In developing an accounting system, cost is relevant. The benefits obtained from the information disseminated must outweigh the cost of providing it. 3. >
Which of the following statements best describes the ethical standard of the profession pertaining to advertising and solicitation? A. All forms of advertising and solicitation are prohibited. B. There are no problems reguarding the manner in which CPA's may solicit new business. C. A CPA may advertise in any manner that is not false, misleading or deceptive. D. A CPA may only solicit new clients through mass mailings.
True or False. If false, explain. 1. Per Philippine Accountancy Act of 2004, a non-CPA is prohibited to engage in professional management advisory services. 2. The overriding consideration for MAS engagement is competence so that a CPA MAS practitioner need not be concerned with independence in his relations with his client. 3. CPAs have historically been business consultants to their clients. 4. The primary purpose of MAS is to improve the client firms' use of its capabilities and resources to achieve the objectives of the firm. 5. Documentation is not as essential in an MAS engagement as it is in an audit engagement.
Your business may be at risk if: Select one: a. All of these b. An important contract does not technically exist due to flaws in its creation c. An important contract is not properly designed or legally "created" d. You cannot enlist the help of the courts to enforce an important contract because it does not actually exist in law e. You have no legal recourse because you have no contract with a business which decides to abandon its deal with your company.
You are a public accountant with many small business clients. During a recent visit to a client’s business, the bookkeeper approached you with a problem. The columns of the trial balance were not equal. You helped the bookkeeper find and correct the error, but believe you should go one step further. Write a memo to all of your clients that explains the purpose of the double-entry framework, the importance of maintaining the equality of the accounting equation, the errors that might cause an inequality, and suggestions for finding the errors.