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A violation of the profession's ethical standards would most likely have occurred when a CPA

A. Expressed an unqualified opinion on the Year 2 financial statements when fees for the Year 1 audit were unpaid.

B. Made arrangements with a bank to collect notes issued by a client in payment of fees due.

C. Joined an accounting firm made up of three non-CPA practitioners.

D. Purchased a bookkeeping firm's practice of monthly write-ups for a percentage of fees received over a 3-year period.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9407821

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