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    Auditing Assurance Services
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    Exam 19: Professional Conduct, Independence, and Quality Control
  5. Question
    A Financial Interest Is "Beneficially Owned" When an Individual or Entity
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A Financial Interest Is "Beneficially Owned" When an Individual or Entity

Question 13

Question 13

True/False

A financial interest is "beneficially owned" when an individual or entity is NOT the recorded owner of the interest but has a right to some or all of the underlying benefits of ownership.

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