Duncan, an accounting firm, is auditing Alchemy Inc. Regarding commissions and referral fees, which of the following arrangements would be permissible? Question 6 A CPA who is not in public practice is obligated to follow which of the following rules of conduct? Question 7 Under the Statements on Standards for Consulting Services, which of the following statements best reflects a CPA ' s responsibility when undertaking a consulting services engagement? The CPA must Question 8 Under the Code of Professional Conduct of the AICPA, which of the following is required to be independent in fact and appearance when discharging professional responsibilities? Question 9 Locke, CPA, was engaged to perform an audit for Vorst Co. During the audit, Locke discovered that Vorst ' s inventory contained stolen goods. Vorst was indicted and Locke was validly subpoenaed to testify at the criminal trial. Vorst has claimed accountant-client privilege to prevent Locke from testifying. Locke may be compelled to testify Question 10( NOTE: This is a CPAexcel simulated Exam Question, not AICPA licensed Material) Ron is a partner in the Houston office of KPMG. A partner in Ron ' s office is the lead partner on the team that audits Midstream Pipeline, which operates intrastate oil and gas pipelines, but Ron is not on the engagement team. Which of the following scenarios represents an independence violation of the AICPA Code of Conduct? Question 11( NOTE: This is a CPAexcel simulated Exam Question, not AICPA licensed Material) The CPA firm, where Joanna is currently a tax partner, is auditing Bubbles Corp. in Austin. Her mother, Teresa, has been working as a receptionist for Bubbles for the last 30 years. Her best friend since grade school, Maggie, is currently serving as CFO at Bubbles. Joanna