The statutory requirements for independence mean an auditor is prohibited from engaging in audit activity if:
A) there is a conflict of interest situation in relation to the client of which the auditor is not aware and doesn't take all reasonable steps to resolve.
B) there is a breach of the ethical requirements.
C) there is a conflict of interest situation in relation to the client of which the auditor is aware but doesn't take all reasonable steps to resolve.
D) there is a breach of the auditor registration requirements.
Correct Answer:
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