3 Not yet answered Marked out of 4.00 Flag question. Each of the following situations involves a possible violation of the AICPA Code of Professional Conduct. For each situation, state the applicable rule of con- duct and whether it is a violation. Roberta Hernandez, CPA, serves as controller of a U.S.-based company that has a significant portion of its operations in several South American countries. Certain government provisions in selected countries require the company to file financial statements based on international standards. Roberta oversees the issuance of the company's financial statements and asserts that the statements are Choose... Not Violate - Accounting principles Violate Compliance with standards based on international financial accounting standards which issued by Not Violate - Compliance with standards the International Accounting Standards Board Franz Marteens is a CPA, a partner, with three years of professional experience with Roberts and Batchelor, CPAs. He owns 25 shares of stock in an audit client of the firm, but he does not take part in the audit of the client, and the amount of stock is not material in relation to his total wealth. Archer Ressner, CPA, stayed longer than he should have at the annual holiday party of Ressner and Associates, CPAs. On his way home he drove through a red light and was stopped by a police officer, who observed that he was intoxicated. In a jury trial, Ressner was not found guilty of driving under the influence of alcohol. Not Violate- Acts discreditable Contingent Not Violate - Independency Violate-Acts discreditable Contingent Violate - Independency Violate Accounting principles Choose... Emrich, CPA, provides tax services, management advisory services, and bookkeep- ing services and also conducts audits for the same public client. Because the auditor experienced person often provides all the services. Choose