Multiple Choice
According to the profession's ethical standards, an auditor would be considered independent in which one of the following instances?
A) The auditor is also a solicitor advising the client.
B) The client owes the auditor fees for the last two annual audits.
C) An employee of the audit firm acts as the honorary treasurer for a charity that is an audit client.
D) The auditor's main bank account is held at a client financial institution.
Correct Answer:

Verified
Correct Answer:
Verified
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