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None of the above Question 44 A public accounting firm, Drake CPAs, has offices in Portland and Sacramento. The Sacra nandles all of the work
None of the above Question 44 A public accounting firm, Drake CPAs, has offices in Portland and Sacramento. The Sacra nandles all of the work for a Sacramento client, Hillary's Design. Members of Drake have oans to or from officers of Hillary's Design. A Portland partner has loaned $5,000 to a he board of directors and a Sacramento professional staff person, who does no work f las borrowed $3,000 from the president of this company. Which of the loans would impair the firm's independence with this client? The Portland partner's loan does not impair independence and the Sacramento professional staff p The Portland partner's loan impairs independence and the Sacramento professional staff person's None of the above Question 44 A public accounting firm, Drake CPAs, has offices in Portland and Sacramento. The Sacra nandles all of the work for a Sacramento client, Hillary's Design. Members of Drake have oans to or from officers of Hillary's Design. A Portland partner has loaned $5,000 to a he board of directors and a Sacramento professional staff person, who does no work f las borrowed $3,000 from the president of this company. Which of the loans would impair the firm's independence with this client? The Portland partner's loan does not impair independence and the Sacramento professional staff p The Portland partner's loan impairs independence and the Sacramento professional staff person's
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