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YOU ARE REQUIRED TO: State whether each of the statements below is true or false. (Refer to q
1-15) While it is clear that all professional accountants, whether they are in public practice or
business, are required to comply with the fundamental principles of the Code of Professional
Conduct, professional accountants in business are not required to apply the conceptual
framework. Select one: True False

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  • 1. YOU ARE REQUIRED TO: State whether each of the statements below is true or false. (Refer to q 1-15) While it is clear that all professional accountants, whether they are in public practice or business, are required to comply with the fundamental principles of the Code of Professional Conduct, professional accountants in business are not required to apply the conceptual framework. Select one: True False