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An Audit Firm Is Not Considered Independent When It Performs

Question 69

Multiple Choice

An audit firm is not considered independent when it performs which of the following services for a publicly traded audit client?


A) Tax return preparation as approved by the board of directors.
B) Basic accounting record keeping and financial statement preparation.
C) Accounting information system design and implementation.
D) Both B and C.
E) None of the above.

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