CA Final ethics — practice questions
15 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CA Final ethics in the app →Under the ICAI Code of Ethics, the FIVE FUNDAMENTAL PRINCIPLES for a Chartered Accountant are:Under the ICAI Code of Ethics, the CONCEPTUAL FRAMEWORK requires a Chartered Accountant to:Under the Chartered Accountants Act, 1949, PROFESSIONAL MISCONDUCT for a CA is defined in:Infostar Ltd.'s CFO records a sale of land on 25 March 20X2 (just before year-end) for ₹40 cr with an OPTION TUnder the ICAI Code of Ethics, when a Chartered Accountant changes employment or acquires a new client, the acUnder the ICAI Code of Ethics, the REASONABLE AND INFORMED THIRD PARTY test is:Disclosure of confidential information by a Chartered Accountant is PERMISSIBLE / REQUIRED in ALL of the folloRustom Ltd. has an obligation to dismantle an oil rig at end of 10-year useful life (₹100 cr estimated). DirecAlaap Ltd.'s directors press the CA to provide projected cash flows to a bank that DON'T meet the bank's DSCR Under the ICAI Code of Ethics, a Chartered Accountant in service preparing or presenting information must NOT:Under the Chartered Accountants Act, 1949 SECOND SCHEDULE Part I, a CA in practice is GUILTY of Professional MUnder the ICAI Code of Ethics, when a CA in service IDENTIFIES a CONFLICT OF INTEREST, the typical response isUnder the Code of Ethics, a Chartered Accountant must conduct themselves so that they do NOT bring the professUnder the Chartered Accountants Act 1949, OTHER MISCONDUCT (different from professional misconduct) is definedUnder the ICAI Code of Ethics, when complying with one fundamental principle CONFLICTS with another, the CA sh