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A CPA firm is comprised of 100 audit partners. Three of these partners own stock in one of the CPA firm's audit clients, with each such partner owning 2% of the outstanding shares in this client. Does this CPA firm retain the independence to audit this client?a. Yes, as long as none participate in the audit as the primary or concurring partnerb. Yes, as long as none render non-audit services to this clientc. Yes, as long as none is a "covered member' with respect to this clientd. No
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