A Violation of the Profession's Ethical Standards Would Most Likely

question 10

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.

---

Definitions:

Neurons

Specialized cells in the nervous system that transmit information through electrical and chemical signals.

Visual Centers

Regions of the brain, particularly in the occipital lobe, that process visual information received from the eyes.

Occipital Lobe

The occipital lobe is the visual processing center of the mammalian brain, located in the back of the skull.

Cerebral Hemisphere

One of the two halves of the brain (left or right) that control opposite sides of the body and have specialized functions.