Your firm wishes to assist Company X $($a tax client$)$ with plans to acquire your audit client. When evaluating a potential conflict of interest, which factor is a relevant consideration?

Whether the appropriate people consent to your firm performing the acquisition$-$related services.

Whether violation of the AICPA Code of Professional Conduct would subject your firm to substantial penalties.

Whether your firm has performed similar services for Company X before.

Whether your firm has performed similar services for other companies not party to the transaction.