Go-Go Corporation, a publicly traded company, has three brothers who serve as President, Vice President of Finance and CEO. This situation
A) increases the risk associated with an audit.
B) must be changed before your audit firm could accept the audit engagement.
C) is a violation of the Sarbanes-Oxley Act.
D) violates the Securities and Exchange Act.
Answer: A) increases the risk associated with an audit.
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Answer the following statement true (T) or false (F)