d. Zeker & Associates audits a condominium association in which the parents or a reside. The unit is material to the parents' net worth, and the member participates in the engagement.\ e. Jimmy Saad, a sole practitioner, audited Dallas Conduit, Inc.'s financial statements for the year ended June 30 and was issued stock by the entity as payment of the audit fee. Saad disposed of the stock before commencing fieldwork planning for the audit of the next year's June 30 financial statements.\ f. Dip-It Paint Corporation requires an audit for the current year. However, Dip-It has not paid Allen & Allen the fees

reside. The unit is material to the parents' net worth, and the member participates in the engagemem. Jimmy Saad, a sole practitioner, audited Dallas Conduit, Inc.'s financial statements for the year ended June 30 and was issued stock by the entity as payment of the audit fee. Saad disposed of the stock before commencing fieldwork planning for the audit of the next year's June 30 financial statements