According to the Public Company Accounting Oversight Board,personal or family ownership in excess of five percent of a client's business may compromise an accountant's:
A)Due Care.
B)Independence.
C)Public Interest.
D)Integrity.

Question

Quizplus · Accepted Answer

Personal or family ownership in excess of five percent of a client's business may compromise an accountant's independence, as their financial interest in the client may undermine their ability to maintain an unbiased and objective perspective when conducting the audit or providing other professional services. This could lead to a conflict of interest and compromise the integrity of the accountant's work.

According to the Public Company Accounting Oversight Board,personal or Family