Professional ethics (LAS)
Results overview
Professional ethics LAS test -
Professional ethics licensed application standards test
You have scored 75%
Congratulations! This result can be used as part of your licence application. You have demonstrated a thorough understanding of professional ethics. If you’d like to read more on this subject, please read our supporting resources, which can be found on the AAT website, in your AAT Lifelong Learning Portal and Knowledge Hub. If you wish to retake the test, you can do so at any time.
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Results breakdown
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Professional ethics |
| Question 1 :
In what circumstances may disciplinary action be taken against a member for non-compliance with AAT's Code of Professional Ethics?
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| Question 2 :
Identify whether AAT's Code of Professional Ethics applies to each of the following persons.
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Correct
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| Question 3 :
Which of the following aspects of an AAT member's conduct relating to the fundamental principle of confidentiality are true?
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Correct
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| Question 4 :
The fundamental principle of professional competence and due care requires that members providing professional services should act diligently in accordance with applicable technical and professional standards. Diligence means that the member must act:
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Correct
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| Question 5 :
In relation to independence in a review and assurance engagement what must a firm/member ensure?
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| Question 6 :
Raoul is a member who has been asked to perform a professional service in circumstances where his professional judgement would be unduly influenced in relation to that service. What should Raoul do?
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Correct
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| Question 7 :
Which of the following matters should an AAT member consider in addition to whether it is legal, professional and permitted to disclose confidential information?
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Correct
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| Question 8 :
When a licensed member competes directly with a client there is a conflict of interest relating to the fundamental principle of _______________.
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Correct
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| Question 9 :
AAT's Code of Professional Ethics provides _______________ on how to apply _______________ in practice both generally and in specific problem situations.
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Correct
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| Question 10 :
Members must apply the conceptual framework to enable them to identify _______________ to compliance with _______________, to evaluate their significance and, where they are not clearly insignificant, to apply _______________ to eliminate them or reduce them to an acceptable level.
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Correct
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Question 11 :
In relation to the provision of taxation services to clients, AAT members:
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Correct
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Question 12 :
Identify whether each of the following is classified by AAT's Code of Professional Ethics as a safeguard created by the profession, legislation or regulation.
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Partially
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| Question 13 :
Regarding changes in professional appointment, a licensed member:
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Correct
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| Question 14 :
Members are bound by the fundamental principles of professional ethics, and must safeguard against any threat to them. When judging whether safeguards would reduce a threat to an acceptable level, AAT's Code of Professional Ethics states that the member shall consider what a reasonable and informed _______________ would conclude, having weighed all the specific facts and circumstances available to the member at the time.
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Correct
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| Question 15 :
A licensed member has specifically disclosed a conflict of interest and related safeguards to a client but the client has refused to give explicit consent. The member should:
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Correct
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| Question 16 :
Ankit is a licensed member. He has concluded that, due to suspicions of dishonesty, he cannot sufficiently reduce the threats to his compliance with the fundamental principles represented by a potential new client, Bhatt Industries. What should Ankit do?
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Correct
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| Question 17 :
A sole practitioner whose client refuses to disclose an error to HMRC, after having had notice of it and a reasonable time to reflect, must report the refusal and facts surrounding it to _______________. A licensed member in a firm must report to _______________. In either case, the client _______________ be informed that such a report has been made.
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Partially
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| Question 18 :
In respect of a gift offered to a licensed member by a client
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Incorrect
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| Question 19 :
What should a licensed member do whenever they must implement safeguards in relation to a particular conflict of interest with a client?
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Correct
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| Question 20 :
A situation that does not fall into one of the five categories of threat set out in the AAT Code of Professional Ethics cannot be a significant threat for an AAT licensed member and therefore safeguards against it are unnecessary.
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Correct
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