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AICPA Ethics Code Exam Practice Questions (120+ Questions) ACC 410 – Professional Ethics, Independence, Audit Standards

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This document contains a comprehensive set of over 120 practice questions and verified answers focused on the AICPA Code of Professional Conduct, covering ethical decision-making, independence rules, and professional responsibilities in accounting. It explores key topics such as integrity, objectivity, conflicts of interest, client confidentiality, audit independence, and SEC regulations, providing a strong foundation for both exam preparation and real-world application. The material is highly relevant for courses such as ACC 410 (Auditing and Professional Ethics), CPA preparation programs, accounting ethics courses, and auditing modules. It is particularly suitable for accounting students, CPA candidates, auditors, finance professionals, and individuals preparing for AICPA ethics exams or working in public accounting and assurance services. Based on the structured Q&A format throughout the document (starting from page 1 ), it includes applied ethical scenarios such as decision-making models, independence impairments, non-attest services, and regulatory compliance. The content reflects real-world professional dilemmas and emphasizes critical thinking and ethical judgment required in accounting practice. The document aligns closely with widely used textbooks such as Auditing and Assurance Services by Alvin A. Arens and Ethics in Accounting: A Decision-Making Approach by Gordon Klein, making it an effective companion for coursework and CPA exam preparation. It also integrates key regulatory frameworks including AICPA standards, SEC independence rules, and PCAOB requirements, ensuring comprehensive coverage of modern accounting ethics. Keywords: AICPA ethics, CPA ethics exam, accounting ethics, audit independence, professional conduct, ethical decision making, SEC rules, PCAOB standards, conflicts of interest, client confidentiality, auditing standards, nonattest services, accounting regulation, CPA preparation

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2026 |AICPA Ethics Code Exam |
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Which step in the decision-making model is characterized by asking the

question, "Are these opinions consistent with applicable professional ethics

rules, regulations, and laws?"

,A. Recognize ethical issues

B. Gather critical facts

C. Consider the effect on stakeholders


D. Consider rules, regulations, and laws - 🧠 ANSWER ✔✔D. Consider

rules, regulations, and laws

Step 7 asks this question. You may determine that the greatest benefit and

least amount of harm would likely result if you take a particular course of

action, but if that course of action is inconsistent with the profession's rules

of conduct, you may not ignore those rules.

Which step in the decision-making model is characterized by asking the

question, "If you had to discuss your decision in public, would you be

concerned about how it reflects on your ethics"

A. Recognize ethical issues

B. Consider your comfort level

C. Consider the effect on stake holders


D. Consider rules, regulations, and laws - 🧠 ANSWER ✔✔B. Consider your

comfort level

, Step 6 asks you to consider your comfort level. Before you make a decision

about the correct action when facing an ethical issue, you should ask

yourself some questions.

CPAs must follow the rules and standards promulgated by which body?

A. AICPA

B. SEC

C. PCAOB


D. Your state CPA licensing board - 🧠 ANSWER ✔✔D. Your state CPA

licensing board

State CPA licensing boards are charged with issuing CPA licenses and

overseeing the ethical conduct of CPAs in 55 jurisdictions in the United

States. It is critically important for CPAs to know their state board's

requirements. If you are licensed by more than one state board, you should

familiarize yourself with each state's requirements.

As a professional CPA, I have the greatest responsibility to serve:

A. My clients

B. My best interest



COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
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