Which statement is not correct about the parts of the AICPA Code of Professional Conduct (the Code)?
1) The Code consists of a Principles section and an Ethical Standards section.
2) The Principles section of the Code provides a conceptual framework for members to follow.
3) The Ethical Standards section of the Code establishes enforceable rules for members.
4) The Code does not apply to all members of the AICPA.