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Bumek [7]
3 years ago
14

Becker & Smith, CPAs, and its client, Troper Lighting, are discussing a possible advisory engagement in which the firm would

review Troper's account receivable (A/R) system and recommend changes that would streamline the company's collection process. Troper will pay Becker & Smith a fee based on improved performance in A/R collections. Would this contingent fee arrangement raise any ethical concerns under the profession's rules?
Yes, but only if Becker & Smith was performing other services for Troper.

Yes, if Becker & Smith also performed a review engagement for Troper.

No, but only if Troper is a publicly traded company subject to SEC and PCAOB rules.

No, provided Becker & Smith documents the arrangement in the engagement letter.
Business
2 answers:
creativ13 [48]3 years ago
4 0

Answer:

Yes, if Becker & Smith also performed a review engagement for Troper.

Explanation:

Review engagement is like a an audit except it only looks to make sure there are no obvious issues with how things are reported or managed (an audit does this but also looks for actual mistakes). If Becker & Smith performed a review and also was in charge of managing Troper's accounts it could raise ethical concerns.

alukav5142 [94]3 years ago
3 0
Becker & Smith, CPAs is providing an accounting service to Troper Lighting, and they are discussing the terms, If both the client and provider are ok with    the terms, there wouldn´t have to be any ethical concerns. So.No, provided Becker & Smith documents the arrangement in the engagement letter.
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Which of the following, if included in a student's paper, would NOT be an example of plagiarism?

1. In the game of baseball, which is rather boring, the batter stands on home base (Hughes 1).

2. Baseball is rather surprisingly known as "America's Favorite Pastime."

3. Baseball is "a rather boring sport played between two teams of nine players" (Hughes 1).

4. All of these are plagiarism.

The answer tells that only the third choice is NOT a plagiarism. My question is, why is the first choice a plagiarismwas assigned with this problem (the reference text is attached):

Which of the following, if included in a student's paper, would NOT be an example of plagiarism?

1. In the game of baseball, which is rather boring, the batter stands on home base (Hughes 1).

2. Baseball is rather surprisingly known as "America's Favorite Pastime."

3. Baseball is "a rather boring sport played between two teams of nine players" (Hughes 1).

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