If a CPA Charges a Contingent Fee in Connection with Providing

question 23

Multiple Choice

If a CPA charges a contingent fee in connection with providing professional services to a review client,the CPA's fee arrangement is:

• A) Permissible always
• B) Permitted only if the fee arrangement is expressed in a clear writing signed by the client
• C) Permitted only if the fee is reasonable in amount
• D) Never permissible

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Definitions:

Premature Closure

The cognitive error of coming to a decision or conclusion before all relevant information has been considered or all options have been evaluated.

Social Physics

An interdisciplinary field that uses mathematical tools and theories to understand and predict human social behavior and societal trends.

Methodological Principle

A fundamental rule or procedure that guides scientific research and empirical study.

Positivism

A philosophical approach that asserts that the only authentic knowledge is that which is based on actual sense experience and positive verification.