An audit independence issue might be raised by auditors’ participation in management advisory services engagements. Which of the following statements is most consistent with the profession’s attitude towards this issue?

(a) Information obtained as a result of a management advisory services engagement is confidential to that specific engagement and should not influence performance of the audit function.

(b) The decision as to loss of independence must be made by the client based on the facts of the particular case.

(c) The auditor should not make management decisions for an audit client.

(d) The auditor who is asked to review management decisions is also competent to make these decisions, and can do so without loss of independence.

Choose the best answer.