Part B of the Code of Ethics for Professional Accountants identifies threats to independence from the following sources:
A) familiarity and intimidation.
B) self-interest, self-review, and advocacy.
C) both A and B
D) the work environment.

Question

Quizplus · Accepted Answer

Part B of the Code of Ethics for Professional Accountants identifies threats to independence from both familiarity and intimidation (A) and self-interest, self-review, and advocacy (B). These threats can arise from various sources within the work environment. Therefore, option D is not the correct answer.