Practice Test Geeks(CB) Certified Bookkeeper Practice Test
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Professional Ethics & Standards Flashcards

7 cards from real CB practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Professional Ethics & Standards flashcards as text

  1. A bookkeeper discovers that a client has been systematically underreporting cash sales. What is the FIRST step the bookkeeper should take?

    Answer: Discuss the discrepancy privately with the client or management

    The bookkeeper should first bring the discrepancy to the client's or management's attention internally before taking further action.

  2. Which principle requires a bookkeeper to avoid situations where personal interests could improperly influence professional judgment?

    Answer: Objectivity

    Objectivity requires that professional judgments be based on facts and evidence, free from personal bias or conflicting interests.

  3. A bookkeeper who accepts gifts from vendors in exchange for favorable payment terms is violating which ethical principle?

    Answer: Integrity

    Integrity prohibits accepting gifts or inducements that could compromise or appear to compromise professional judgment.

  4. Under AIPB standards, a Certified Bookkeeper who performs work they are not qualified to do is violating the principle of:

    Answer: Professional competence and due care

    Professional competence and due care require bookkeepers to only undertake tasks for which they have adequate training and skills.

  5. A client asks their bookkeeper to back-date invoices to shift revenue into a prior accounting period. The bookkeeper should:

    Answer: Refuse, as this constitutes financial statement fraud

    Back-dating invoices to manipulate reported revenue is fraudulent regardless of the client's instructions or the amounts involved.

  6. Which of the following BEST describes the concept of 'due care' in bookkeeping ethics?

    Answer: Exercising diligence, thoroughness, and technical competence in all professional activities

    Due care means performing professional duties with diligence and competence, taking sufficient time to ensure accuracy and quality.

  7. A Certified Bookkeeper switches employers and is asked by the new employer to share financial details of former clients. The bookkeeper should:

    Answer: Decline, as client confidentiality obligations survive the end of an engagement

    The duty of confidentiality to former clients continues after the professional relationship ends and prohibits sharing their financial information.