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The Conceptual Framework for AICPA Standards contains definitions for various threats to independence. Which of the following threats, if any, are specifically mentioned and defined
The Conceptual Framework for AICPA Standards contains definitions for various threats to independence. Which of the following threats, if any, are specifically mentioned and defined within the Conceptual Framework?
(a) Family threat
(b) Stock ownership threat
(c) Advocacy threat
(d) Both a & b
(e) Both b & c
what is an answer? I think it is C - Advocacy threat. Pleas note that question A is not familiarity but Family threat.
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