If a CPA Prepares a Few Sales Invoices on Behalf

question 19

Multiple Choice

If a CPA prepares a few sales invoices on behalf of an audit client without charge because the client does not want to have to pay overtime to the workers who normally perform this task,the CPA's independence is:

• A) Impaired due to the management participation threat
• B) Impaired due to the self-review threat
• C) Impaired due to the self-interest threat
• D) Not impaired because the threat, if any, is immaterial

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Definitions:

Closed-Ended Questions

Questions designed with predefined response options, allowing for easier quantification of answers but limiting the ability to provide nuanced responses.

Response Alternatives

The different options or answers that are provided for a question in a survey or questionnaire.

Panel Study

A longitudinal study where the same individuals or units are surveyed or measured over multiple time points.

Transversal

A cross-sectional survey or examination of a population at a single point in time to collect data on its status or condition.