The financial interests of a CPA's family members can affect the CPA's independence. Which of the following parties would not be included as a "direct financial interest" of the CPA?

Question

Quizplus · Accepted Answer

A sibling living in the same city as the CPA would not be considered a direct financial interest, as they are not financially dependent on the CPA. However, the spouse, dependent child, and relative supported by the CPA would all be considered direct financial interests and could potentially affect the CPA's independence.

The Financial Interests of a CPA's Family Members Can Affect