Question $8(1$ point$)$

According to the profession's ethical standards, an auditor would be considered independent in which of the following instances?

A$)$ The client is the only tenant in a commercial building owned by the auditor.

B$)$ The auditor's checking account that is fulty insured by a federal agency is held at a client financial institution.

C$)$ The client owes the auditor fees for more than two years prior to the issuance of the audit report.

D$)$ The auditor is the officially appointed stock transfer agent of a client.