Which of the following is NOT one of the five fundamental principles of the CPA Code?
Which of the following is NOT one of the five fundamental principles of the CPA Code?
Answer
Loyalty to the client
Options - A. Loyalty to the client - B. Objectivity - C. Confidentiality - D. Professional competence Why - A. Correct — the client is owed competent, honest service, but the public interest sits above the client; loyalty is never a principle. - B. Objectivity — judgement free of bias, conflict and undue influence — is the third principle. - C. Confidentiality is the fifth principle: engagement information is used for nothing else. - D. Professional competence is the fourth principle: take on only work you can do to standard.
OpenStax Business 2.2 (codes); Business Ethics (CNX v3.1) ch 2; CPA Ontario Code of Professional Conduct (five principles, verified 2026-09-17); concept map C08, C09