In Determining Auditor Independence,the SEC Considers Which of the Following

question 17

Multiple Choice

In determining auditor independence,the SEC considers which of the following as an independence impairment?

• A)An auditor performs the accounting work and then audits it.
• B)An auditor has no conflicting interest with the client.
• C)An auditor does not act as an advocate for the audit client.
• D)An auditor does not act as an employee of the audit client.

---

Definitions:

Psychological Research

The systematic investigation of psychological processes and behavior through controlled experiments and observation.

Types Of Stressors

Various factors or situations that cause stress, impacting an individual's emotional and physical health.

Self-Actualization

The process of achieving one's maximum potential and talents, conceived as a fundamental drive or need in all individuals.

Peak Experience

A term coined by psychologist Abraham Maslow, referring to a moment of intense joy and euphoria where one feels a higher sense of fulfillment or realization.