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Which of the following family relationships is most likely to impair a CPA’s independence with respect to a particular audit client on which the CPA works as a “covered member”? A. A close relative has a material investment in that client of which the CPA is not aware. B. The CPA’s spouse participates in a savings plan sponsored by the client. C. The CPA’s father is president of the audit client. D. A cousin has an immaterial investment in the client of which the CPA is aware. |