If requested to perform a review engagement for a nonpublic entity in which an accountant has an immaterial direct financial interest, the accountant is
a. Not independent and, therefore, may issue a review report, but may not issue an auditor's opinion.
b. Not independent and, therefore, may not issue a review report.
c. Not independent and, therefore, may not be associated with the financial statements.
d. Independent because the financial interest is immaterial and, therefore, may issue a review report.
Answer: B
CPA Exam
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