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Which of the following activities will impair an audit firm independence? A. Supervise the client's employees as they perform their normal recurring activities B. Post
Which of the following activities will impair an audit firm independence? A. Supervise the client's employees as they perform their normal recurring activities B. Post client-approved client entries to the private client's trial balance C. Advise client on current accounting issues D. Advise a public client on international merger reorganization options Select the incorrect statement. Under the AICPA rules: A. An audit team member can accept gifts of the client's inventory regardless of its value. B. Gifts may be offered to an attest client if the amount is reasonable under the circumstances. C. Entertainment may be accepted from an attest client if reasonable under the circumstances. D. To be entertainment, the event must be attended by both the client and the auditor
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