Which of the following actions would be considered as self-interest threats?Select which option is correct: a. An auditor has no potential employment with an assurance client. b. A member of the assurance team is a director of the client. c. An auditor acts as an advocate on behalf of an assurance client. d. One client provides a high percentage of total audit fees.
Which of the following actions would be considered as self-interest threats?Select which option is correct: a. An auditor has no potential employment with an assurance client. b. A member of the assurance team is a director of the client. c. An auditor acts as an advocate on behalf of an assurance client. d. One client provides a high percentage of total audit fees.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Which of the following actions would be considered as self-interest threats?
Select which option is correct:
Select which option is correct:
a.
An auditor has no potential employment with an assurance client.
b.
A member of the assurance team is a director of the client.
c.
An auditor acts as an advocate on behalf of an assurance client.
d.
One client provides a high percentage of total audit fees.
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