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47. In which of the following instances would the independence of the CPA not be considered to be impaired? The CPA has been retained as

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47. In which of the following instances would the independence of the CPA not be considered to be impaired? The CPA has been retained as the auditor of a A. Charitable organization in which an employee of the CPA serves as treasurer B. Municipality in which the CPA owns $25,000 of the $2,500,000 indebtedness of the municipality C. Restaurant where the CPA dines frequently D. Company in which the CPA's private investment club owns a one-tenth interest

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