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Which statement is not a relevant consideration

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Problem 1: Which statement is not a relevant consideration when evaluating a potential conflict of interest in connection with aa merger involving audit client?

Option 1: whether your firm's policies prohibit such engagements

Option 2: whether threats to your compliance with the code would be at an acceptable level

Option 3: whether the appropriate persons at the client consent to your firm's preforming services

Option 4: whether violation of the code would subject your firm to substantial penalties

Reference no: EM132716379

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