Which of the Following Is NOT an Example of a Conflict

question 13

Multiple Choice

Which of the following is NOT an example of a conflict of interest?

• A) Advising two clients at the same time who are competing to acquire the same company when the advice might be relevant to the parties' competitive positions
• B) Advising a client to invest in a business in which, for example, the immediate family member of the CPA has a financial interest in the business
• C) Providing tax or personal financial planning services for several members of a family whom the CPA knows to have opposing interests
• D) Accepting commissions in a financial planning engagement for a nonaudit client

---

Definitions:

Two Faces of Power

A theory suggesting that power in politics operates on two levels: decision-making and agenda-setting, where the latter can effectively control which issues come to the foreground.

Bachrach and Baratz

Scholars known for their work in political science, particularly on the second face of power, which involves the ability not just to make decisions but to control the agenda and prevent certain issues from being discussed.

Political Elites

A small group of people who hold significant power and influence in a political system, often shaping policies and decisions.

Economic Valorization

The process of assigning economic value to something, often influencing its perception and importance in society.