Smith, cpa, is a partner of johnson accounting firm. johnson audited the books of hometown bank. smith's independence would be impaired under which of the following circumstances? a. smith is a director of hometown bank. b. smith has a collateralized automobile loan with hometown bank. c. smith had an account with hometown bank 2 years ago. d. smith and a hometown bank board member belong to the same church.
Answers: 2
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Smith, cpa, is a partner of johnson accounting firm. johnson audited the books of hometown bank. smi...
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