In Some Situations, the Interpretations of the Rules of Conduct

Multiple Choice

In some situations, the interpretations of the Rules of Conduct permit former partners to have relationships with a client of the firm without affecting the firm's independence.Which of the following situations would cause a loss of independence?

A) The former partner works in the maintenance department of an audit client of his former firm.
B) The former partner's grandson works in the warehouse of an audit client of his former firm.
C) The former partner was held out as an associate of the firm.
D) The former partner purchased 5% of the stock of an audit client of his former firm.