Question: In which one of the following situations would a CPA be in violation of the AICPA Code of Professional Conduct in determining the audit fee?
(1) A fee based on whether the CPA's report on the client's financial statements results in the approval of a bank loan.
(2) A fee based on the outcome of a bankruptcy proceeding.
(3) A fee based on the nature of the service rendered and the CPA's expertise instead of the actual time spent on the engagement.
(4) A fee based on the fee charged by the prior auditor.