Michael has been approached by the CEO of an audit client and offered two tickets to the FIFA tournament at the Olympic Games. The CEO knows that Michael has always wanted to attend the Olympic Games and thought this was a nice way to thank him for twenty-years of excellent professional services. From an ethical perspective in deciding whether to accept the gift Michael should consider whether:
A. The audit has been completed for the current year
B. He has the time and money to travel to the games
C. Threats created by the gifts are at an acceptable level
D. Nonaudit services are also provided for the client
Answer: C
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