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Shayna Kirschfield Audits a Company That Has Market Capitalization of $20,000,000

Question 1

Multiple Choice

Shayna Kirschfield audits a company that has market capitalization of $20,000,000. There is also a requirement that the partners in her firm be rotated every seven years and the audit committee must pre-approve all services provided to the client by Shayna's firm. What kind of client is this?


A) small business
B) diversified
C) reporting issuer
D) partnership

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