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rado202 rado202
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A year ago
An auditor's independence is considered impaired if the auditor has

▸ an immaterial, indirect financial interest in a client.

▸ an outstanding $8,000 balance on a credit card issued by a client.

▸ an automobile loan from a client bank, collateralized by the automobile.

▸ a joint, closely held business investment with the client that is material to the auditor's net worth.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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Quins184Quins184
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A year ago
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rado202 Author
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