Question 5 3 pts 5. Moonlighting - The Right to Start a Practice Samuel Hannah, CPA had been an employee of Cohen and Kim, a regional CPA firm, for many years. After being passed over for partner many times and not receiving the raise he thought he was entitled to, he decided to strike out on his own. However, Samuel does not have the capital to open his own firm. So, he decides to build a practice on the side. He begins to take on clients. Since Samuel is just starting his business and he works on days when he doesn't have to be at his regular job, he didn't tell his firm about the decision. One day, Samuel is having lunch with Joe George, the President of Brickbat construction, a major client of his firm when Bill Ding, another contractor stops by to say hello. "I'd like you to meet Samuel Hannah," says Joe. He's the accountant for our firm and he does an excellent job." "I'm looking for a new accountant," says Bill. Question: Samuel is thinking about following up with Bill about being his accountant. Samuel has an ethical obligation to inform top management of Cohen & Kim? True O False