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XYZ Inc. is a US SEC audit client and Company JK is a subsidiary of XYZ Inc. ABC Corp. is also a subsidiary of XYZ
XYZ Inc. is a US SEC audit client and Company JK is a subsidiary of XYZ Inc. ABC Corp. is also a subsidiary of XYZ Inc. Company JK is material to XYZ Inc. while ABC Corp. is not material to Company JK. Based on the EYG Independence Policy, for which entities does EY need to maintain independence? Choose the Correct Letter
A. XYZ Inc. and Company JK
B. XYZ Inc., Company JK and ABC Corp.
C. XYZ Inc. only
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