Wilson Company Is Audited by the Denver Office of Anderson

question 26

Multiple Choice

Wilson Company is audited by the Denver office of Anderson CPAs.Which of the following individuals would be least likely to be considered a "covered member" by the independence standard?

• A)Staff assistant on the audit.
• B)A staff assistant who prepares Wilson Company's tax returns.
• C)A tax partner in Denver who performs no attest services for Wilson Company or for any other clients.
• D)The partner in charge of Anderson CPAs (she does no work on the Wilson Company Audit).

---

Definitions:

Constitutional Rights

Rights that are protected and guaranteed under a country's constitution, encompassing civil liberties and freedoms.

Commercial Bribes

Illicit payments or gifts given to influence the actions or decisions of someone in a business or official position, typically considered illegal or unethical.

Secure New Business

The act of acquiring new clients or customers for a company or a firm, often through marketing, networking, or outreach efforts.

Inferior Product

A product deemed to be of lower quality or lesser value when compared to others of its kind in the market, often associated with poor construction or defects.