Olsen & Alain, CPAs (O&A) performed the audit of Rocky Point Brewery (RPB), a public company in 20X1 and 20X2. In 20X2, O&A also performed internal audit outsourcing related to RPB's internal accounting controls. Which statement best describes how the internal audit services affected O&A's independence in 20X2 under SEC independence rules

the internal audit services affected O\&A's independence in 202 under SEC independence rules? O\&A was not independent unless management approved its internal audit services. O\&A was not independent due to self-audit and management participation concerns. O\&A was independent if the fee for the internal audit services did not exceed 5% of its revenues