For each of the following cases,indicate whether the action by a member CPA is a violation of the AICPA Code of Professional Conduct and cite the relevant rule.
A. Was a trustee of client's profit-sharing trust.
B. Accepted referral fees from local attorneys for nonattest clients with the clients' knowledge.
C. Performed an audit in accordance with GASB standards.
D. Advises a client to have an insurance review from a local insurance company in which the CPA has a material financial interest.
E. Promoted the CPA's tax service on local TV station.
Correct Answer:
Verified
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