You are an audit manager at Crystal Company which is going to provide assurance services to Sunrise Co, a listed company. Alim, who is the audit engagement partner for Sunrise Co. has been in place for nine years, and his wife received a job offer from Sunrise Co for the position manager of the sales department. This position allows for Alim's wife to get shares of Sunrise Co as part of her remuneration package. This year the top management of the Sunrise Co decided to create an internal audit department in order to improve efficiency and key indicators of the company. Once during the meeting. one of the managers offered Crystal Company to provide internal auditing services to Sunrise Co, as well. if they would agree on the best price. And one of the directors explained that it would be cheaper for at least 18% to hire one company for external and internal auditing purposes. If they agree on the terms, the fee for Crystal Company will be paid from the after-tax income reported. At the end of the meeting. some of the directors pointed out that they will provide recommendations to other companies on the work of Crystal Company. Your audit team has highlighted a number of potential threats to independence in respect of the audit of Sunrise Co. 1. (2 points) Identify which of the following facts from the above case represent valid threats to independence