c. In which of the following situations would a public accounting firm have violated the AICPA Code of Professional Conduct in determining its fee? Multiple Choice A fee is based on whether or not the public accounting firm's audit report leads to the approval of the client's application for bank financing. A fee is to be established at a later date by the Bankruptcy Court. A fee is based upon the nature of the engagement rather than upon the actual time spent on the engagement. A fee is based on the fee charged by the client's former auditors.