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expeople1 [14]
4 years ago
15

A member has been asked to cosign checks with a client employee while the company president is on vacation. Which statement abou

t the application of the AICPA independence rules to this situation is correct?
A) Because the member will only be cosigning checks, independence is not threatened.
B) Because the member is a cosigner for a short time, independence is not threatened.
C) Because the member has entered into a joint venture with the client, independence is impaired.
D) Because check-signing is a management function, independence is impaired.
Business
1 answer:
I am Lyosha [343]4 years ago
4 0

Answer:

D

Explanation:

From the above scenario, the statement about the application of the AICPA independence rules to this situation which is most correct is:

D. Because check-signing is a management function, independence is impaired.

Cheers

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Data given in the question

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<em></em>

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