Because an External Auditor Is Paid a Fee by a Client

question 8

Multiple Choice

Because an external auditor is paid a fee by a client company, he or she

• A) is absolutely independent and may conduct an audit.
• B) may be sufficiently independent to conduct an audit.
• C) is never considered to be independent.
• D) must receive approval from the relevant provincial securities commission before conducting an audit.

---

Definitions:

Daily Sustenance

Essential nutrients and food required by an organism to remain healthy and stay alive on a daily basis.

Philosophical Text

Written works that explore fundamental questions regarding existence, ethics, knowledge, reason, and the mind.

Rig-Veda

An ancient Indian collection of Vedic Sanskrit hymns, one of the four sacred texts (śruti) of Hinduism.

Upanishads

Ancient Indian texts that form the philosophical basis of Hindu religion, focusing on spiritual enlightenment and the nature of reality.