In Which of the Following Situations Would a CPA Be

question 96

Multiple Choice

In which of the following situations would a CPA be considered independent?

• A)A CPA's brother is the Vice-President of Sales at the CPA's audit client.
• B)A CPA's father was a salesman at the CPA's audit client,and now a major portion of the father's pension fund is invested in the audit client.
• C)A CPA's cousin works as a web-site designer at the audit client.
• D)A CPA's son works summers at the audit client and has earned 10 shares of stock in the audit client.

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Definitions:

Nonlinear Optimization Models

Mathematical models where the objective function or any of the constraints are nonlinear, used to find the optimal solution under given nonlinear conditions.

Lagrange Multiplier

A strategy used in optimization problems to find the maximum or minimum of a function subject to constraints.

Projected Revenue

An estimate of the amount of money that a company expects to earn in a future period.

Platinum Suites

High-end accommodations or software packages superior to gold suites, offering the highest level of luxury or features.