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:

Biceps Femoris

A muscle in the thigh part of the hamstring group, involved in knee flexion and hip extension.

Rectus Femoris

A muscle in the quadriceps group that extends the leg at the knee and assists in hip flexion.

Antagonist

A substance that interferes with or inhibits the physiological action of another, often referring to muscles or drugs.

Biceps Femoris

A muscle of the posterior thigh compartment, important in knee flexion and thigh extension, part of the hamstrings group.