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What safeguards can be implemented by accounting firms to reduce threats to independence? (Several choices may be correct.) 1.Partner rotation on client audits 2.Establishing a
What safeguards can be implemented by accounting firms to reduce threats to independence? (Several choices may be correct.)
1.Partner rotation on client audits
2.Establishing a code of ethics
3.Annual review of independence for each client
4.Educating accounting staff regarding policies
5.Retaining the same partner on the client audit every year
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