Question
Lucy is a CPA in the audit practice group of Love public accounting firm, and is on the audit team for Love's client, Desi, Inc.
Lucy is a CPA in the audit practice group of Love public accounting firm, and is on the audit team for Love's client, Desi, Inc. Which of the following siutations would be considered to impair Lucy's independence under the AICPA?
Group of answer choices
A. Lucy's husband (spouse) Rick is a staff accountant at Desi Inc.
B. Lucy's sister Ethel, a college student, is a communications intern with Desi Inc.
C.Lucy does not know about it, but Lucy's parents have invested in Desi, Inc. stock.
D. All of these relationships would be considered to impair Lucy's independence under the AICPA.
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