Which of the following statements is correct about independence? (A) Independence is potentially affected by self-interest, self-review,
Question:
Which of the following statements is correct about independence?
(A) Independence is potentially affected by self-interest, self-review, advocacy, familiarity and intimidation threats.
(B) Independence is not an element that is considered in the audit process.
(C) Independence is immaterial to the financial statements.
(D) Independence is not a requirement of IFAC’s Code of Ethics.
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Related Book For 
Principles Of Auditing An Introduction To International Standards On Auditing
ISBN: 9780273684107
2nd Edition
Authors: Rick Stephan Hayes, Roger Dassen, Arnold Schilder, Philip Wallage
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