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(Solved): AB & Co audits DEF Co. In accordance with ACCA Code of Ethics and Conduct which two of the follo ...



AB & Co audits DEF Co. In accordance with ACCA Code of Ethics and Conduct which two of the following circumstances would constitute a threat to objectivity? (1) An employee of AB & Co owns shares in DEF Co but is not part of the audit team (2) The best friend of the engagement partner owns a significant indirect financial interest in DEF Co (3) The audit manager of DEF Co owns a small number of shares in DEF Co (4) The husband of the audit partner owns shares in DEF Co A (1) and (2) B (1) and (4) C (2) and (3) D (3) and (4)



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