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Determine aicpa code of professional conduct

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Reference no: EM132468528

Question 1: If the AICPA Code of Professional Conduct does not specifically address a threat to auditor independence, the auditor should:

Multiple Choice

  1. Conclude that the threat is not significant unless proven so.
  2. Conclude that the threat results in a lack of independence unless it can be shown that no impairment of independence occurs.
  3. Consider the threat from the perspective of a reasonable and informed third party who has knowledge of all the relevant information.
  4. Consult the Statements on Auditing Standards for guidance.

Reference no: EM132468528

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