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According to the SEC, an auditor is not independent of its issuer audit client in which of the following situations: A. The auditor’s cousin has an insurance policy obtained from the issuer before it became an audit client. B. The auditor’s grandparent was in an accounting role at the audit client and ended employment before the period under audit began. C. The auditor has an investment in an entity that has the ability to exercise significant influence over the audit client. D. The auditor has an automobile loan at standard terms from the audit client that is collateralized by the automobile. |