A violation of the AICPA Code of Professional Conduct's ethical standards is least likely to occur when a CPA :

Ibrahimhamm

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2022-07-05

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purchases another CPA\'s accounting practice and bases the price on a percentage of the fees accruing from the clients over a three-year period.
receives a percentage of the amounts invested by the CPA\'s audit clients in a tax shelter with the clients\' knowledge and approval.
has a public accounting practice and is the president and sole stockholder of a corporation that engages in data processing services for the public. The CPA often refers his clients to the data processing company.
forms an association - not a legally binding partnership - with two other sole practitioners and calls the association \"Adams, Betts & Associates.\"

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Ibrahimhamm

2022-07-05

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A. purchases another CPA's accounting practice and bases the price on a percentage of the fees accruing from the clients over a three-year period.

Explanation: This is one appropriate way to value a CPA firm and there are no standards preventing this type of financial arrangement when purchasing another CPA's accounting practice.

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A violation of the AICPA Code of Professional Conduct's ethical standards is least likely to occur when a CPA :

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