Question

Which ethical threat relates to accountants acting in a way that benefits another entity that is...

  1. Which ethical threat relates to accountants acting in a way that benefits another entity that is known to, and personally related to the accountant in a way that impairs their objectivity?

    Familiarity

    Self interest

    Self Review

    Advocacy

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Solution: Answer: Self interest Explanation: When an accountant act in a way that benefit another entity and either accountant or a member of its family has interest/share in the company, Threat of Self interest will arise. It is standardized defination, no futher explanation require

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