Which of the following violate the auditor independence rules as a direct financial interest?

A. The CPA leases space in his office building to the audit client
B. The CPA leases trucks to the audit client
C. The CPA and the audit client together form a business to sell some product or service
D. All the above violate the auditor independence rules as a direct financial interest

Question

01-07-2024
Business

Answered

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Which of the following violate the auditor independence rules as a direct financial interest?

A. The CPA leases space in his office building to the audit client
B. The CPA leases trucks to the audit client
C. The CPA and the audit client together form a business to sell some product or service
D. All the above violate the auditor independence rules as a direct financial interest

Sagot :

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