Multiple Choice
Section 324CH lists 19 relationships that establish a conflict of interest.Which relationship that the auditor may have with the client is NOT included?
A) has an asset that is an investment in the audited body
B) has an asset that is an immaterial investment in an entity that has a controlling interest in the audited body
C) owes an amount of more than $5 000 to the audited body
D) has an asset that is a material investment in an entity that has a controlling interest in the audited body
Correct Answer:

Verified
Correct Answer:
Verified
Q39: Subsection 290.176 of the Code of Ethics
Q40: Society has attached a special meaning to
Q41: The provision of internal audit services to
Q42: The regulatory mechanisms addressing corporate governance in
Q43: When there are substantial unpaid fees outstanding
Q45: The main reason for communication between the
Q46: Which one of the following statements is
Q47: One of the fundamental principles of the
Q48: If the outgoing auditor refuses to communicate
Q49: The Code of Ethics for Professional Accountants