Question: Assume that an auditor makes an agreement with a client that the audit fee will be contingent upon the number of days required to complete

Assume that an auditor makes an agreement with a client that the audit fee will be contingent upon the number of days required to complete the engagement. Is this a violation of the Code of Professional Conduct? What is the essence of the rule of professional ethics dealing with contingent fees, and what are the reasons for the rule?

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