Under the IFAC's Code of Ethics for Professional Accountants,
a. An accountant, whether or not in public practice, may not accept a gift from a client
b. An accountant in public practice may accept an inconsequential gift from a client
c. A close relative of an accountant not in public practice may not accept a gift from a client
d. An immediate family member of an accountant, whether or not in public practice, may not accept a gift from a client
Ans: b. An accountant in public practice may accept an inconsequential gift from a client
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