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In each of the below non-related situations, identify the most likely type of threat to independence: Situation #1 You are a Senior Audit Manager at Rio Limited, and whilst you are reviewing the audit working papers of your team, you receive a phone call from the audit client's CFO, who has invited you to an investor presentation, requesting that you make a short presentation about the company's financial results. You decline as you see this as a threat to your Independence. Situation #2 You are an audit partner at AH and have had issues with an audit client who is resisting adhering to the proper accounting treatment required by AASB138 Intangible Assets. This audit client's revenues represent 19% of AH's total firm revenues. You know that you have to potentially be careful to avoid upsetting this client. Situation #1: Self-Interest Threat ; Situation #2: Self-Interest Threat. Situation #1: Advocacy Threat ; Situation #2: Self-Interest Threat. Situation #1: Self-Interest Threat ; Situation #2: Intimidation Threat. Situation #1: Intimidation Threat ; Situation #2: Advocacy Threat. For each of the following situations, identify the possible threats to independence as stated in APES110 that may be occurring: Situation #1: Your audit client Meriton has recently diversified and has built an apartment complex on the Gold Coast in Queensland, a resort style complex with over 40 apartments. There has been a slump in the property market in Queensland, so the CFO of Meriton has asked you as the auditor to promote the resort to your NSW audit clients. Situation #2: Nanci Wang is the senior auditor on the audit of "Alkalife", a small supplier of bottled water from the Blue Mountains. The company's Chief Accountant , Conor Zu, has prepared the accounting records (including the trial balance) and has accepted responsibility for preparing the accounting records. Given it's a smaller client with limited financial reporting experience, Nanci Wang prepares the financial statements from the trial balance and proposes adjusting journal entries. Possible violations of independence MOST likely include: Select one: Situation #1 Self-interest; Situation #2 No violation. Situation #1 Advocacy ; Situation #2 Self- interest. Situation #1 Advocacy ; Situation #2 Self- review. Situation #1 Intimidation ; Situation #2 No violation