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You Are Starting Up a Small CPA Firm in Your

Question 149

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You are starting up a small CPA firm in your town.Your friend, Bruce, is an advisor at the local investment services firm.Bruce tells you this could be a great opportunity for both of you.Bruce suggests that you each pay each other a $100 referral fee for each client that you successfully refer to the other.Compose an answer to Bruce, in accordance with the AICPA Code of Professional Conduct.

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