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Which of the following family relationships is most likely to impair a CPA's independence with respect to a particular audit client on which the CPA
Which of the following family relationships is most likely to impair a CPA's independence with respect to a particular audit client on which the CPA works as a "covered member"?
Multiple Choice
The CPA's brother is controller of the audit client.
The CPA's spouse participates in a savings plan sponsored by the client.
A cousin has an immaterial investment in the client of which the CPA is aware.
A close relative has a material investment in that client of which the CPA is not aware.
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen and Peter Brewer
14th edition
978-007811100, 78111005, 978-0078111006
