AAT Diagnostics

Here are the correct answers (marked in green and with a tick):

Show your answer

Question 18

Select the correct answer.
 

In respect of a gift offered to a licensed member by a client

	The member faces a potential advocacy threat to professional competence and due care.
	The member should consider how a reasonable and informed third party would view the significance of the nature, value and intent of the gift.
	Such a gift may never be accepted while the member continues to act for the client.

Explanation of the correct answer:

The threat posed by a gift is a self-interest threat to objectivity (and an intimidation threat if the offer may be made public): s260.1. The member should consider how a third party would view the gift but it may be accepted if the offer is made in the normal course of business without the specific intent to influence decision making or obtain information.

Here are your answers (those marked in red and a cross are incorrect):

Show me the answer

Question 18

Select the correct answer.
 

In respect of a gift offered to a licensed member by a client

	The member faces a potential advocacy threat to professional competence and due care.
	The member should consider how a reasonable and informed third party would view the significance of the nature, value and intent of the gift.
	Such a gift may never be accepted while the member continues to act for the client.

Back