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4 Not yet answered Marked out of 2.00 Flag question. Each of the following situations involves a possible violation of the AICPA Code of Professional

4 Not yet answered Marked out of 2.00 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. Accounting firm of Rami, CPAs, is negotiating a fee with a new audit client. They agree the client will pay only $8,000 as stated fees without considering the result of the audit. Said has a successful dentistry practice in Wasagee. Said has recommended one of his patients to Suha, CPA. To show gratitude for the referral, Suha has agreed to pay Said a token gift of $100. Suha does not disclose the payment arrangement to her new clients. Choose... Violate Compliance with standards Violate- Acts discreditable Contingent Violate Accounting principles Not Violate Contingent Fees Violate Commissions and referral fees Not Violate - Independency Not Violate Accounting principles Not Violate-Compliance with standards Previous page Finish attempt

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