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Has the partner violated the independence requirements

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Reference no: EM133004666

Problem - Assume that a partner of a public accounting ?rm owns 200 shares in a large client. The ownership is an insignificant part of the partner's total wealth.

a. Has the partner violated the independence requirements? Explain your answer.

b. Explain whether the ownership is likely to affect the partner's independence in fact.

Reference no: EM133004666

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