In Which of the Following Circumstances Would a CPA Be

question 14

Multiple Choice

In which of the following circumstances would a CPA be in violation of the "Rules of Professional Conduct" in quoting a fee to a client?

• A)A fee fixed by a court.
• B)A fee based on the approval of a bank loan.
• C)A fee based on the time estimated to complete the engagement plus out-of-pocket expenses.
• D)A fee based on the complexity of the engagement.

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Definitions:

Pay Range

The span of possible pay rates set by employers that determine the minimum and maximum amount that can be offered to an employee for a specific job.

Movement Through

Generally refers to the progress or advancement of individuals within an organization or the flow of processes in operations.

Point Method

An evaluation system that assigns a numeric value to various factors of a job, such as skill level, effort, and responsibility, to determine pay scales and rank positions.

Designing

The process of creating a plan or convention for the construction of an object or a system, operationalizing visions into functional outputs.