The following is a list of circumstances that might be faced by a public accounting firm.Select the rule violated of the AICPA Code of Professional Conduct in the second column.If no rule is violated select "no violation" (this may be used once,more than once,or not at all) .Rules may be used either once,or not at all.
-A CPA and the president of an audit client both have an immaterial joint investment in another company.The CPA firm provides no services for the other company.
A) Acts discreditable.
B) Accounting principles.
C) Integrity and objectivity.
D) Compliance with standards.
E) Independence.
F) Contingent fees.
G) No violation.
Correct Answer:
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