Question

M/C

1) A licensee shall not commit any act that reflects adversely on the profession. Which of the following is not a discreditable act:

A) Retention of client records after a demand is made for them.

B) A member complies with applicable federal, state, or local laws or regulations regarding the timely filing of his or her personal tax returns or tax returns of the member's firm.

C) Whenever a member is determined by a court of competent jurisdiction to have violated any of the anti-discrimination laws of the United States.

D) A member makes, or permits or directs another to make, materially false and misleading entries in the financial statements or records of an entity.

Answer 1

Question demands us to find the action which is not discreditable to the profession i.e creditable to the profession.

Answer:- out of four actions, action as per option B is not discreditable i.e creditable to the profession.