Which statement is incorrect regarding the Code of Ethics for Professional Accountants in the Philippines?Select one:a.Where a national statutory requirement is in conflict with a provision of the IFAC Code, the IFAC Code requirement prevails.b.Professional accountants refer to persons who are Certified Public Accountants (CPA) and who hold a valid certificate issued by the Board of Accountancy.c.The Code of Ethics for Professional Accountants in the Philippines is mandatory for all CPAs and is applicable to professional services performed in the Philippines on or after January 1, 2004.d.Professional accountants should consider the ethical requirements as the basic principles which they should follow in performing their work.

When a professional accountant encounters unusual circumstances in which the application of a specific requirement of the Code would result in a disproportionate outcome or an outcome that may not be in the public interest, it is recommended that the professional accountantSelect one:a.consult with another professional accountantb.consult with those charged in governance of the clientc.withdraw from the engagementd.consult with a member body or the relevant regulator.

The code of Professional Ethics for CPAs states, in part, that a CPA should maintain a high degree of integrity and objectivity in all his actuations. Objectivity in said Code refers to a CPA's ability:Select one:a.To maintain an impartial attitude on all matters which come under the CPA's reviewb.To independently choose between alternate accounting principles and auditing standards.c.To independently distinguish between accounting practices that are acceptable and those that are not.d.To be unyielding in all matters dealing with auditing procedures

The high ethical standards required by the accounting profession state "a CPA assumes an obligation of Blank______ above and beyond requirements of laws and regulations."Multiple choice question.trustworthinessself-disciplinecredibilitycompetence

CODE OF ETHICS FOR PROFESSIONAL TEACHERS Pursuant to the provisions of paragraph (e), Article 11, of R.A. No. 7836, otherwise known as the Philippine Teachers Professionalization Act of 1994 and paragraph (a), section 6, P.D. No. 223, as amended, the Board for Professional Teachers hereby adopt the Code of Ethics for Professional Teachers. Preamble Teachers are duly licensed professionals who possesses dignity and reputation with high moral values as well as technical and professional competence in the practice of their noble profession, and they strictly adhere to, observe, and practice this set of ethical and moral principles, standards, and values. Article I: Scope and Limitations Section 1. The Philippine Constitution provides that all educational institution shall offer quality education for all competent teachers. Committed to its full realization, the provision of this Code shall apply, therefore, to all teachers in schools in the Philippines. Section 2. This Code covers all public and private school teachers in all educational institutions at the preschool, primary, elementary, and secondary levels whether academic, vocational, special, technical, or non-formal. The term “teacher” shall include industrial arts or vocational teachers and all other persons performing supervisory and /or administrative functions in all school at the aforesaid levels, whether on full time or part-time basis. Article II: The Teacher and the State Section 1. The schools are the nurseries of the future citizens of the state; each teacher is a trustee of the cultural and educational heritage of the nation and is under obligation to transmit to learners such heritage as well as to elevate national morality, promote national pride, cultivate love of country, instill allegiance to the constitution and for all duly constituted authorities, and promote obedience to the laws of the state. Section 2. Every teacher or school official shall actively help carry out the declared policies of the state, and shall take an oath to this effect. Section 3. In the interest of the State and of the Filipino people as much as of his own, every teacher shall be physically, mentally and morally fit. Section 4. Every teacher shall possess and actualize a full commitment and devotion to duty. Section 5. A teacher shall not engage in the promotion of any political, religious, or other partisan interest, and shall not, directly or indirectly, solicit, require, collect, or receive any money or service or other valuable material from any person or entity for such purposes. Section 6. Every teacher shall vote and shall exercise all other constitutional rights and responsibility. Section 7. A teacher shall not use his position or official authority or influence to coerce any other person to follow any political course of action. Section 8. Every teacher shall enjoy academic freedom and shall have privilege of expounding the product of his researches and investigations; provided that. please answer this following questions based on this text above: 3. Mrs. Zukira Mona, was summoned in the office of the principal because of frequent phone calls form credit and loan agencies demanding that Mrs. Mona be advised by the principal to pay her outstanding credit loan. what article did she violate and how will she avoid this?

The fundamental ethical principles required of professional accountants include:Select one:a.authority, community sanction and knowledge.b.competence, objectivity and integrity.c.professionalism, experience and expertise. d.self-interest, self-review and familiarity.