A threat that a CPA will take on the role of client decision making or assume associated responsibilities is a(n) _______.

Question

Quizplus · Accepted Answer

Management participation threat occurs when a CPA takes on the role of client decision making or assumes associated responsibilities. The familiarity threat occurs when a CPA becomes too sympathetic to the client's interests, while the self-interest threat occurs when a CPA has a financial interest in the client's success. The self-review threat occurs when a CPA reviews their own work.

A Threat That a CPA Will Take on the Role