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Banks & Jones, CPAs, performs a financial statement review for Meyer Markets. Charlie, the manager on the job, learns of an independence rules violation. She
Banks & Jones, CPAs, performs a financial statement review for Meyer Markets. Charlie, the manager on the job, learns of an independence rules violation. She promptly reports the violation to Anthony, her firm's quality control partner, as required under firm policy. Which statement best describes Anthony's primary responsibility under the AICPA code's Breach of an Independence Interpretation interpretation?
a Determine whether violation of the independence rule was intentional or not.
b Write a letter to the AICPA so it can open an ethics investigation into the matter.
c Request that Charlie reperform the financial statement review.
d Ensure that the consequences of the breach have been adequately addressed.
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