In performing an audit, Jackson, CPA, discovers that the professional competence necessary for the engagement is lacking. Jackson informs management of the situation and recommends another local CPA firm and management engages this other firm. Under these circumstances,
A)Jackson may request compensation from the other CPA firm for any professional services rendered to it in connection with the engagement.
B)Jackson may accept a referral fee from the other CPA firm.
C)Jackson has violated the AICPA Code of Professional Conduct because of non-fulfillment of the duty of performance.
D)Jackson's lack of competence should be construed to be a violation of generally accepted auditing standards.

Question

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The Answer of In performing an audit, Jackson, CPA, discovers that the professional competence necessary for the engagement is lacking. Jackson informs management of the situation and recommends another local CPA firm and management engages this other firm. Under these circumstances,
A)Jackson may request compensation from the other CPA firm for any professional services rendered to it in connection with the engagement.
B)Jackson may accept a referral fee from the other CPA firm.
C)Jackson has violated the AICPA Code of Professional Conduct because of non-fulfillment of the duty of performance.
D)Jackson's lack of competence should be construed to be a violation of generally accepted auditing standards.

In Performing an Audit, Jackson, CPA, Discovers That the Professional