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2.5 points Save Anw A CPA purchased stock of one of her audit clients and placed it in an account for her dependent minor child.

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2.5 points Save Anw A CPA purchased stock of one of her audit clients and placed it in an account for her dependent minor child. The stock is not material to the CPA's net worth is the independence of the CPA considered to be impaired with respect to the client? You, because the stock is considered an indirect financial interest that is material to the CPA's child No, because the CPA does not have a material direct financial Interest in the client. Yos, because the CPA's child is considered a covered person and the stock is a direct and interest No, because the CPA's child is not a covered person with respect to her audit client

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