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For each of the following, indicate if there is a threat to independence. If so, state the threat and a possible safeguard. 1.Jared Paul goes
For each of the following, indicate if there is a threat to independence. If so, state the threat and a possible safeguard. 1.Jared Paul goes to his assurance client, Jeremy's Autosales to buy a used car for his daughter. Due to their business relationship, Jeremy offers Jared a vehicle below cost. 2.Melissa Jacobs has been auditing Kayla's Pool and Spa Limited for many years. Kayla's Pool and Spa has been experiencing financial difficulties and has not been able to pay its audit fees for the last three years. Kayla's now owes Melissa $50,000 in assurance fees
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