Sunnyside External Auditors is working on the audit of Transparent Windows Co. The audit client is a relatively small firm who had historically been using a different external auditor. The client has recently apprised the auditor of ongoing litigation, and requested that the external auditor provide expert witness services to assist the client in their dense. In this situation, which of the following should the auditor be aware of? An adverse interest threat exists because the CPA is now performing expert witness services and may be cross-examined by the plaintiff and be compelled to provide evidence agdast the client. A management participation threat exists, as the external auditor in providing expert witness services will be assuming managerial functions. An advocacy threat exists, because in providing expert witness services, the CPAs objectivity may be questionable. A familiarity threat exists, because the new external auditor has immediately been asked to assist the client in the capacity of an expert witness