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Scroll down to complete all parts of this task. Select from the option list provided whether independence is impaired. Each choice may be used
Scroll down to complete all parts of this task. Select from the option list provided whether independence is impaired. Each choice may be used once, more than once, or not at all. Statement 1. A member and a client bank serve in a co- fiduciary capacity for an estate having immaterial assets. 2. A client financial institution services a member loan. 3. A member has significant influence over an entity with significant influence over a client. 4. Membership in a client trade association if the member is not in a key position. 5. A covered member owns an immaterial amount of bonds in a client municipal authority. 6. A covered member is a trustee of a client foundation that is the beneficiary of an estate. 7. The member provides advisory services for a client. 8. The member monitors a client's internal controls on an ongoing basis. 9. A predispute agreement with a client to use alternative dispute resolution techniques. 10. Fees for client service rendered more than 1 year before the current year's report date remain unpaid. Not impaired Not impaired Impaired Answer
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