1)Which of the following actions by a CPA most likely violates the profession's ethical standards?

Using a records-retention agency to store confidential client records.

Retaining client records after the client has demanded their return.

Arranging with a financial institution to collect notes issued by a client in payment of fees due.

Compiling the financial statements of a client that employed the CPA's spouse as a bookkeeper.

2)Pursuant to the AICPA rules of conduct, the auditor's responsibility to the profession is defined by

The AICPA Code of Professional Conduct.

Federal laws governing licensed professionals who are involved in interstate commerce.

Statements on Auditing Standards.

The bylaws of the AICPA.