Chapter $02$ Exercise $55$ LO $2-2$ Generally accepted auditing standards require auditors to be independent. Included within this standard are the concepts of independence in fact and independence in appearance. Required: For each of the following, identify whether it is most appropriately associated with independence in fact $($Fact$),$ independence in appearance $($Appearance$),$ both $($B$),$ or neither $($N$).$ a$.$ Relates to the auditors$$state of mind.$$ b$.$ Relates to others$$ perceptions of the auditors$$ independence. c$.$ Reflects an unbiased and impartial perspective with respect to the financial statement aud d$.$ The auditors$$ firm provides extensive consulting services to the client; these services prov firm that exceed revenues received from the audit engagement. e$.$ The spouse of the partner in charge of the audit engagement occupies an executive$-$leve client. f$.$ A distant relative of a partner within the firm occupies an entry$-$level position within the clie audit is conducted by another office of the firm with which the partner has infrequent contact g$.$ A staff member within the firm owns shares of stock of one of that firm$$s clients. $($She is no engagement team serving that client.$)$