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Question 18 2 Points Which of the following represents a situation in which an auditor is independent of its client? The auditor takes a personal

Question 18

2 Points

Which of the following represents a situation in which an auditor is independent of its client?

The auditor takes a personal loan from the president of the company

The auditor's dependent son holds 25% of the client's common stock

The auditor has not received payment for the previous audit services

The audit fee paid by the client represents 10% of the auditor's annual gross revenue

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