The Financial Interests of a CPA's Family Members Can Affect

question 47

Multiple Choice

The financial interests of a CPA's family members can affect the CPA's independence.Which of the following parties would not be included as a "direct financial interest" of the CPA?

• A)Spouse
• B)Dependent child
• C)Relative supported by the CPA
• D)Sibling living in the same city as the CPA

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Definitions:

Variability

The degree to which observations in a dataset or statistical distribution vary from the mean and among themselves.

Range

The difference between the highest and lowest scores in a data set, reflecting the spread or dispersion of the scores.

Mean Deviation

The average of absolute differences between each value in a set and the mean of the set, indicating the dataset's dispersion.

Variability

The degree to which data points in a statistical distribution or data set differ from each other and from the mean.