According to the Profession's Ethical Standards, an Auditor Would Be

Multiple Choice

According to the profession's ethical standards, an auditor would be considered independent in which of the following instances?

A) The auditor's checking account, which is fully insured by a federal agency, is held at a client financial institution.
B) The auditor is also an attorney who advises the client as its general counsel.
C) An employee of the auditor serves as treasurer of a charitable organization that is a client.
D) The client owes the auditor fees for two consecutive annual audits.