According to the Profession's Rules of Conduct,an Auditor Would Be

question 26

Multiple Choice

According to the profession's rules of conduct,an auditor would be considered independent in which of the following instances?

• A)The auditor is the officially appointed stock transfer agent of a client.
• B)The auditor has a personal chequing account in a branch of a client bank.
• C)The client has not paid its audit fees for the past three years.
• D)The client is the only tenant in a commercial building owned by the auditor.

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Definitions:

DNA Strands

The long, linear molecules composed of nucleotides that carry genetic information essential for cellular function and heredity.

Bacteriophages

Viruses that infect and replicate within bacteria, used in biotechnology for gene therapy and as bacterial control agents.

X-ray Diffraction

A technique used to determine the atomic and molecular structure of a crystal, by measuring the angles and intensities of X-rays that are scattered by the crystal.

Watson

Refers to James Watson, who, along with Francis Crick, Maurice Wilkins, and Rosalind Franklin, is credited with discovering the double helix structure of DNA.