According to the ethical standards of the profession, a CPA's independence would most likely be impaired if the CPA:

a. Accepted any gift from a client
b. Became a member of a trade association that is a client
c. Contracted with a client to supervise the client's office personnel
d. Served, with a client bank, as a co-fiduciary of an estate of trust

Ans: c. Contracted with a client to supervise the client's office personnel

Business

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The first step in the four-component model of ethical decision making is _____

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