The Materiality of a Conflict of Interest Should Be Evaluated

The materiality of a conflict of interest should be evaluated from the perspective of:

A) Whether a reasonable client would consider the conflict to be material
B) Whether a client, acting unreasonably or reasonably, would consider the conflict to be material
C) Whether an objective observer who is reasonably informed about the surrounding facts would conclude that a conflict of interest is material
D) Whether the CPA subjectively, from his or her own vantage point, has concerns about two or more material interests clashing