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AccordingtotheConceptualFrameworkforAICPAIndependenceStandards,whichofthefollowing isanexampleofasafeguardimplementedbythefirm? Rotationofseniorpersonnelwhoarepartoftheattest engagementteam Clientacceptanceandcontinuationpolicies thataredesignedtopreventassociationwithclientsthatposeanunacceptablethreattothemember'sindependence Aconsultationfunctionthatisstaedwithexpertsinaccounting,auditing,independence,andreporting matterswhocanhelpattest engagementteamsassessissueswhenguidanceisunclear,orwhentheissuesarehighly technicalorrequireagreatdealofjudgment;andresistunduepressurefromaclientwhentheengagementteamdisagreeswiththeclient aboutsuchissues Ionly IandIII IIandIII Alloftheabove

AccordingtotheConceptualFrameworkforAICPAIndependenceStandards,whichofthefollowing isanexampleofasafeguardimplementedbythefirm?

  1. Rotationofseniorpersonnelwhoarepartoftheattest engagementteam
  2. Clientacceptanceandcontinuationpolicies thataredesignedtopreventassociationwithclientsthatposeanunacceptablethreattothemember'sindependence
  3. Aconsultationfunctionthatisstaedwithexpertsinaccounting,auditing,independence,andreporting matterswhocanhelpattest engagementteamsassessissueswhenguidanceisunclear,orwhentheissuesarehighly technicalorrequireagreatdealofjudgment;andresistunduepressurefromaclientwhentheengagementteamdisagreeswiththeclient aboutsuchissues

Ionly

IandIII

IIandIII

Alloftheabove

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