The profession's ethical standards would most likely be considered to have been violated when the CPA represents that specific consulting services will be performed for a stated fee and it is apparent at the time of the representation that the:
A)CPA would not be independent.
B)fee was a competitive bid.
C)actual fee would be substantially higher.
D)actual fee would be substantially lower than the fees charged by other CPAs for comparable services.

Question

Quizplus · Accepted Answer

Representing a specific consulting service to be performed for a stated fee when it is apparent at the time of representation that the actual fee would be substantially higher would violate the ethical standards of the profession. This misrepresentation can deceive the client and is a violation of the principle of integrity.

The Profession's Ethical Standards Would Most Likely Be Considered to Have