Choose all the correct options

Question

If requested to perform a review engagement for a nonissuer in which an accountant has an immaterial direct financial interest

Accepted Answer

Not independent and, therefore, may not issue a review report.

Answer

Not independent and, therefore, may not be associated with the financial statements.

Answer

Not independent and, therefore, may issue a review report, but may not issue an auditor's opinion.

Answer

Independent because the financial interest is immaterial and, therefore, may issue a review report.

If requested to perform a review engagement for a nonissuer in which an accountant has an immaterial direct financial interest, the accountant is: