Your Accounting Firm Has Accepted a Compilation Engagement from a Client

Your accounting firm has accepted a compilation engagement from a client in which your firm is not independent. In that case you

A) may not accept the engagement.
B) may accept the engagement and disclose the lack of independence.
C) may accept the engagement and not disclose the lack of independence.
D) may accept the engagement and disclose the lack of independence and the reason for the lack of independence.

Correct Answer:

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