A violation of the profession's ethical standards is most likely to occur when a CPA Multiple Choice Issues an unqualified opinion on an entity's financial statements when fees for the prior year audit have not been paid in full. Serves as an honorary member of the board of directors of a charitable organization for which he or she also audits the entity's financial statements. Arranges with a financial institution to collect notes issued by a client in payment of fees due. Compiles the financial statements of an entity that employs the CPA's spouse as a bookkeeper