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Required a. Since Jones and Jones is preparing the financial statements for WTI, is Jones and Jones independent with respect to WTI? What conditions, if

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Required a. Since Jones and Jones is preparing the financial statements for WTI, is Jones and Jones independent with respect to WTI? What conditions, if any, must Jones and Jones meet in order to be independent with respect to WTI? b. Would your answer to (a) be the same if WTI was a public company subject to SEC rules and regulations? c. Can Jones and Jones take on the business valuation services and consulting engagement and remain independent with respect to WTI? Explain your reasoning. d. Would your answer to (c) be the same if WTI was a public company subject to SEC rules and regulations

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