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dex0388 dex0388
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Which of the following instances would impair a CPA's independence when they have been retained as the auditor?
I.A charitable organization where the CPA serves as treasurer
II.A municipality where the CPA owns $250,000 of the $25 million outstanding bonds 
 of the municipality
III.A company that the CPA's investment club owns a 10% investment interest


▸ I and II

▸ I and III

▸ II and III

▸ I, II, and III
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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andratandrat
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I, II, and III
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dex0388
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Thank you, thank you, thank you!
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