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Studying for AUD, and got this question in Wiley:
Manny is a well-respected CPA in his hometown of Cut & Shoot, TX, which has a population of slightly over 5,000. Manny currently audits a nonprofit organization and has recently been approached by this organization to join its board. The board is currently made up of many influential figures in the community and they would like to add Manny’s name to that list for increased recognition. Manny would love to help out the community but is afraid that this might affect his independence. Which of the following situations would cause Manny’s involvement with the board to result in a lack of independence?
A. Manny’s position is purely honorary.
B. Manny has been asked to only contribute his name.
C. Manny is only required to vote in critical management affairs, which do not arise frequently.
D. Manny’s position is identified as honorary on external materials.(correct answer is C btw)
but it made me giggle, and I just googled the town’s name and turns out it’s a real town!
https://en.wikipedia.org/wiki/Cut_and_Shoot,_Texas
FAR: 78*, 75
REG: 76*, 85
BEC: 79*, 76
AUD: 79*, 93All scores expired, let's try this again.
FAR - 78*
AUD - 66, 79
REG - 73, 76
BEC - 79
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