The KPMG Professional Judgment Framework defines judgment as:
A) The process of reaching a decision or drawing a conclusion where there are a number of possible alternative solutions
B) The process of making a judgment where there are a number of possible virtues
C) The process of acting in accordance with the AICPA Code
D) The process of deciding when giving voice to one's values

Question

Quizplus · Accepted Answer

The KPMG Professional Judgment Framework defines judgment as "the process of reaching a decision or drawing a conclusion where there are a number of possible alternative solutions." Therefore, option A is the most appropriate choice. Option B does not apply here, as the process of making a judgment where there are a number of possible virtues would refer to ethical decision making rather than professional judgment. Option C is also incorrect, as the process of acting in accordance with the AICPA Code would be a component of professional behavior, but not necessarily judgment. Option D is also incorrect, as it is only one aspect of personal behavior, and not necessarily applicable in the context of professional judgment.

The KPMG Professional Judgment Framework Defines Judgment As