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A CPA underreports the hours spent auditing the client's accounts receivable in order to not exceed the audit budget for that process. Question 5 (

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A CPA underreports the hours spent auditing the client's accounts receivable in order to not exceed the audit budget for that process. Question 5 ( 0.4 points) Is there an AICPA Code of Professional Conduct ethical issue? Yes No Question 6 (0.1 points) Select all of the following that occurred: A) Violation of general standard rule B) Violation of accounting principle rule C) Violation of principles of professional conduct D) Act discreditable E) Not applicable Select all of the following that were violated: a) Due professional care principle b) Planning and supervision c) Responsibilities principle d) Public interest principle e) Integrity principle f) Not applicable How would this ethical dilemma be resolved? It cannot be resolved The CPA should correct their hours There is no AICPA Code of Conduct ethical issue to resolve

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