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QUESTION 43 Which of the following situations could exist without impairing independence? a. A staff auditor owns a share in that client that represents less
QUESTION 43 Which of the following situations could exist without impairing independence? a. A staff auditor owns a share in that client that represents less than 1% of the staff auditor's net worth. A staff auditor owns a 1% interest in a mutual fund that owns 1% of b. the staff auditor's audit client. A staff auditor is a trustee of a trust established by a sibling and O c. the trust owns less than 1% of the outstanding stock of the staff auditor's audit client. d. A staff auditor's sibling is the CFO of the staff auditor's audit client
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