Ninja MCQ Audit Question

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  • #198079
    CPAlife04
    Participant

    NINJA Question –

    Has anyone gotten this question:

    Under the IESBA Code of Ethics for Professional Accountants, threats to the fundamental principles are to be identified so that safeguards can be applied. Potential threats identified include all of the following except:

    A. self-interest threats.

    B. self-review threats.

    C. structural threats.

    D. All of the answer choices are threats identified in the Code of Ethics.

    D is correct. What are “structural threats”?

    Audit: 11/28/15 (72) April 2016
    Regulation: 2016
    Financial: 2016
    Business: 2016
    NINJA

    "The CPA exam is not a test of my ability, it is a test of my will. I have the will!"

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