12 "Independence" in auditing means ed out of C. a. None b. being an advocate for the client. not being financially dependent on the client. d. impartiality in performing professional services, e. remaining aloof from the client. n An accountant records information. When conducting an audit, the auditor must possess O a None b. an ability to organize and summarize economic events. oc an ability to interpret relevant accounting frameworks. O d. an education beyond the bachelor's degree. an ability to classify transactions by type. Clear my choice e The responsibility for the preparation of the financial statements and the accompanying footnotes belongs to O a both management and the auditor equally, Ob management O management for the statements and the auditor for the notes Od the auditor in which of the following situations would an auditor violate professional conduct? O a Auditor asks a fee based on previous audit fees Ob Auditor engages the audit although the client is a relative of the auditor The auditor is late for work for 2 days d None Oe Aditor spends time in auditing process more than the planned