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Problem 1: Threats to auditor independence can come from various sources. Which of these is referred to in the Code of Ethics as a self-interest threat?
I. A loan from an officer of an assurance client to the auditor.
II. Undue dependence of the audit firm on total fees from an assurance client.
III. Long association of a senior member of an assurance team with the assurance client.
Select one:
Option 1: I and II.
Option 2: I, II and III.
Option 3: Only III.
Option 4: II and III.
Fair value of assumed vested KAYAK stock options, related to 264,423 pre-combination service. Calculate the acquisition cost for KAYAK
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