The Auditor Must Be Independent of the Auditee Unless

question 9

Multiple Choice

The auditor must be independent of the auditee unless:

• A)the lack of independence does not influence his or her professional judgment.
• B)both parties agree that the independence issue is not a problem.
• C)the lack of independence is insignificant.
• D)none of the above-the auditor cannot lack independence.

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Definitions:

Freshwater

Water that has a low salt concentration, typically found in rivers, lakes, and streams, and essential for drinking, agriculture, and sanitation.

Diagram

A simplified drawing showing the appearance, structure, or workings of something, typically used to explain how it functions.

Aswan Dam

A significant engineering project on the Nile River in Egypt, built to control floods, provide increased water storage for irrigation, and generate electricity.

Spread

The process of extending, dispersing, or proliferating from one area to another, often used in the context of diseases, information, or species distribution.