Multiple Choice
A violation of the profession's ethical standards would most likely have occurred when a CPA:
A) purchased a bookkeeping firm's practice of monthly write-ups for a percentage of fees received over a three-year period.
B) made arrangements with a bank to collect notes issued by a client in payment of fees due.
C) named Smith formed a partnership with two other CPAs and used "Smith & Co." as the firm name.
D) issued an unqualified opinion on the 2011 financial statements when fees for the 2010 audit were unpaid.
Correct Answer:

Verified
Correct Answer:
Verified
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