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Independence of a CPA with Respect to a Client Is

Question 42

Multiple Choice

Independence of a CPA with respect to a client is not impaired if:


A) The CPA has a loan to an officer of the client.
B) The CPA has an immaterial direct interest in the client.
C) The CPA is trustee for the client's pension plan.
D) The CPA has an immaterial joint,closely held business investment with the client.

Correct Answer:

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