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Thomas GilliamACC 531–T/TH: 2:002/5/13P19-30Q19-1,4,7,11Chapter 19:Professional Conduct, Independence, and Quality Control[LO 9,11,12,13]P19-30. Each of the following situations involves a possible violation by a member in industry of the AICPA’s Code of Professional Conduct. For each situation, indicate whether it violates the Code. If it violates the Code, indicate which rule is violated and explain why. a.Yes– Jackson signing the management letter is violation of Rule 102, stating “a member shall not knowingly misrepresent facts or subordinate his or her judgment to other.”b.Yes – Since Mary McDermott employment at the United Fund of America provides a source of revenues for Children’s Charities, the entity being audited, this would in fact be a violation of Rule 101.c.Yes– Maxiscribe’s use of confidential information obtained from the former employer was intended for personal benefit in trading activities. Thus, the disclosure of such information is an act discreditable to the profession in violation of Rule 501.