Which of the following is NOT a safeguard to mitigate threats to compliance with the rules for CPAs in business or reduce them to an acceptable level?

A. Independent audit committee
B. Independent external audit
C. Whistleblower hot line
D. Tone at the top


Answer: B

Business

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The entity that signs the promissory note and promises to pay the required amount is the ________.

A) maker of the note B) banker of the note C) holder of the note D) payee of the note

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