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Situation No. 3. Continued A. Independence--No Violation B. Independence - Violation L. Contingent Fees. -No Violation J. Contingent Fees - Violation C. Integrity and Objectivity.

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Situation No. 3. Continued A. Independence--No Violation B. Independence - Violation L. Contingent Fees. -No Violation J. Contingent Fees - Violation C. Integrity and Objectivity. -No Violation K. Acts Discreditable--No Violation D. Integrity and Objectivity--Violation L. Acts Discreditable..Violation E Accounting Principle. No Violation F. Accounting Principle--Violation M. Advertising and Solicitation-No Violation N. Advertising and Solicitation--Violation G. Confidential Client Inf. -No Violation H. Confidential Client Inf... Violation 0. Commissions and Referrals-No Violation P. Commissions and Referrals-Violation 6. Fryson, CPA, is a partner in the firm Thompson and Cunningham, CPAs. Fryson's spouse is on the board of directors of Peace Corporation, an audit client of Thompson and Washington. Fryson does not participate on this audit engagement 7. Galice Lorenzo, CPA has disclosed client information as part of an ethics violation for a state board of accountancy investigation. 8. Miller, CPA, performs investment advisory services for an audit client and receives an annual fee based on a percentage of the value of the client's investment portfolio at the end of each year. 9. Reyes, CPA, is the auditor of Peace Hall Corporation. Reyes received a 10% commission from Albany Computer Systems for hardware/software sold to Peace Hall. The sale was made based on Reyes' recommendation that Peace Hall needed a new accounting information system. Reyes disclosed the commission to Peace Hall management. Reyes also performs the annual audit of Peace Hall Corporation. __10. Wong, CPA, a partner in Thompson and Cunningham, CPAs, hold the position of honorary director for the Friends of ASU, a firm audit client. Situation No. 3: AICPA Code of Professional Conduct For each situation, identify the most applicable AICPA rule of conduct and wheti is a violation or no violation of the rule. A. Independence--No Violati B. Indepand

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