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An Interpretation of the Independence Rule Allows Members to

Question 43

Multiple Choice

An interpretation of the Independence Rule allows members to


A) Hold a material indirect interest in a client.
B) Have loans from a client that are collateralized by cash deposits held by the client.
C) Have home mortgages with a client even if they are on the engagement.
D) Be a trustee of a client pension or profit sharing trust.

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