Select from the option list provided whether independence is impaired. Each choice may be used once, more than once, or not at all.

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.

11. A member serves as an expert witness for an audit client. 12. Inclusion of a clause in an engagement letter providing for member indemnification by the client.

OPTIONS TO CHOOSE FROM :

IMPAIRED

NOT IMPAIRED