Indicate if the following statements are True or False: Indicate if the following statements are True or False: True or False? Statement A senior working in the office of the audit engagement is considered a covered member, regardless of whether that individual is on the audit team of an audit engagement Ali direct investments in an audit client by a covered member, regardless of materiality, impair the CPA firm's independence Al indirect investments in an audit client by a covered member, regardless of materiality, impair the CPA firm's Independence. A professional employee who is not a partner serving on the audit committee of an audit client impairs the firm's independence