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CAF-6 · Chapter 13 · Question 10 of 15

A newly qualified accountant accepts a role as Head of Tax for a multinational corporation, despite having zero experience or training in international tax laws. Which fundamental principle is being threatened?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: B) Professional competence and due care

Explanation

Accepting a task or job without the requisite skills, experience, or training directly threatens the principle of professional competence and due care.

All 15 questions in Chapter 13Ethical issues in financial reporting MCQs with answers

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