Question

Rule 203 of the Code of Professional Conduct addresses:

A. ethical requirements.
B. advertising to obtain clients.
C. auditing financial statements.
D. financial statements being based on generally accepted accounting principles.

Answer 1

Rule 203 of the Code of Professional Conduct addresses ethical requirements for professionals.

Step-by-step explanation:

Rule 203 of the Code of Professional Conduct addresses ethical requirements. This rule outlines the ethical obligations that professionals, such as accountants, must adhere to in their profession. It ensures that professionals conduct themselves in a manner that is fair, honest, and in accordance with the principles of integrity and objectivity.