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Choose the correct statement: A. Independence in appearance is not as important as independence in fact. B. SOX and the PCAOB have placed the responsibility

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Choose the correct statement: A. Independence in appearance is not as important as independence in fact. B. SOX and the PCAOB have placed the responsibility for monitoring the external auditor's independence with the Audit Committee. C. PCAOB Letter 3526 on independence needs only to address issues that have impaired the auditor's independence. D. Auditing a client's competitor impairs the auditor's independence

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