Question: In 2 0 2 3 , Den Co . owes J , CPAs $ 2 5 K for tax and consulting services provided in 2

In 2023, Den Co. owes J, CPAs $25K for tax and consulting services provided in 2021. Den asked J to perform its 2022 calendar year end audit. Which statement best describes whether J should apply the Unpaid Fees interpretation when evaluating its independence?

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