Question

Which of the following is the threat that, due to a long or close relationship with a client, a CPA will become too sympathetic to the client’s interests or too accepting of the client’s work or product?

Advocacy threat

Familiarity threat

Adverse interest threat

Self-review thr

2.An advocacy threat is the threat that a CPA will ______.

-not act with objectivity

-become too sympathetic to a client’s interests

-take on the

A threat that a CPA could benefit, financially or otherwise, from an interest in, or relationship with, a client or persons associated with the client is a(n) _______.

-self-interest threat

miliarity threat

management participation threat

self-review threat

role of client management

-promote a client’s interests

Answer 1

(1)

OPTION: Familiarity threat

(2)

Note: some options are missing

(3)

OPTION: self-interest threat