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According to the SEC, an auditor is not independent of its issuer audit client in which of the following situations? A . The auditor's cousin
According to the SEC, an auditor is not independent of its issuer audit client in which of the following situations?
A The auditor's cousin has an insurance policy obtained from the issuer before it became an audit client.
B The auditor has an automobile loan at standard terms from the audit client that is collateralized by the automobile.
C The auditor has an investment in an entity that has the ability to exercise significant influence over the audit client.
D The auditor's grandparent was in an accounting role at the audit client and ended employment before the period under audit began.
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