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53. A professional accountant in public practice, or an immediate or close family member, may be offered gifts and hospitality from a client. Such an

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53. A professional accountant in public practice, or an immediate or close family member, may be offered gifts and hospitality from a client. Such an offer ordinarilv gives rise to threats to compliance with the fundamental principles. Which of the following statements is incorrect? a. Self-interest threats to objectivity may be created if a gift from a client is accepted. b. Intimidation threats to objectivity may result from the DOSSibiiitV 0f such offers being made public. c. The Significance Of such threats will depend on the nature, value and intent behind the offer. 0. When the threats cannot be eliminated or reduced to an acceptable level through the application of safeguards, a professional accountant in public practice mav accept such an Offer

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