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A CPA, while performing an audit, considers two types of independence: Independence in fact and independence in appearance. The CPA is concerned with independence in
A CPA, while performing an audit, considers two types of independence: Independence in fact and independence in appearance. The CPA is concerned with independence in appearance in order to:
meet the minimum requirements of the code of professional conduct.
reduce risk and liability.
maintain public confidence in and reliance on the profession.
become independent in fact.
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