In Which of the Following Instances Would the Independence of the CPA

question 22

Multiple Choice

In which of the following instances would the independence of the CPA not be considered to be impaired? The CPA has been retained as the auditor of a brokerage firm

• A) which owes the CPA audit fees for more than one year.
• B) in which the CPA has a large active margin account.
• C) in which the CPA's brother is the controller.
• D) which owes the CPA audit fees for current year services and has just filed a petition for bankruptcy.

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Definitions:

Gender Equality

A condition where individuals have equal opportunities and access to resources, irrespective of their gender, encompassing both economic involvement and decision-making capabilities.

Foraging Societies

Communities or groups that rely on hunting, fishing, and gathering wild food for survival rather than domesticating plants or animals.

Laws Against Homosexuality

Legal provisions that criminalize homosexual relationships, reflecting societal and historical prejudices and discrimination.

Violent Crimes

Acts of crime that involve force or threat of force against individuals, including offenses such as murder, assault, and robbery.