Problem

Violet, CPA, audits Big Bank, a local financial institution. Which of the following would...

Violet, CPA, audits Big Bank, a local financial institution. Which of the following would most likely impair Violet’s independence with regard to Big Bank?

A. A home loan with the value of the house exceeding the mortgage balance.

B. A car loan collateralized by the car.

C. A personal loan collateralized by cash deposits at Big Bank.

D. A Visa credit card issued by Big Bank with a balance of $2,500.

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