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Business, 18.01.2020 03:31 feyundre52

Becker & smith, cpas, and its client, troper lighting, are discussing a possible advisory engagement in which the firm would review troper's accounts receivable system and recommend changes that would streamline the company's collection process. troper will pay becker & smith a fee based on improved performance in accounts receivable collections. would this contingent fee arrangement raise any ethical concerns under the profession's rules?

a. yes, but only if becker & smith was performing other services for troper.
b. yes, if becker & smith also performed a review engagement for troper.
c. no, but only if troper is a publicly traded company subject to sec and pcaob rules.
d. no, provided becker & smith documents the arrangement in the engagement letter.

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