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  3. Study Set
    Auditing A Risk Based Approach
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    Exam 1: Quality Auditing: Why It Matters
  5. Question
    A Covered Member's Investment in a Mutual Fund That Owns
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A Covered Member's Investment in a Mutual Fund That Owns

Question 15

Question 15

True/False

A covered member's investment in a mutual fund that owns stock in a firm being audited by the covered member is a direct financial interest resulting in the impairment of independence.

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