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An auditor’s independence is considered impaired if the auditor has A. An automobile loan from a client bank, collateralized by the automobile. B. A mortgage loan, executed with a financial institution client on March 1, 1990, that is material to the auditor’s net worth. C. An immaterial, indirect financial interest in a client. D. A joint, closely held business investment with the client that is material to the auditor’s net worth. |