An Example of an "Indirect Financial Interest in a Client

question 81

Multiple Choice

An example of an "indirect financial interest in a client" would be

• A) ownership of less than 10% of the client's stock by the covered members spouse.
• B) an ownership of less than 10% of the client's stock by a staff member who is not involved in the audit.
• C) the covered member's ownership of a mutual fund that has an investment in the client.
• D) All of the above are examples of an indirect financial interest in a client.