Question: Robert Moore has a checking account with a local bank. Under SEC independence rules, which condition would allow him to work on his firm's audit

Robert Moore has a checking account with a local bank. Under SEC independence rules, which condition would allow him to work on his firm's audit of the bank? He is not the lead engagement partner or manager on the account. He charges less than 20 hours to the audit engagement. The amount of money in his account is not material to his net worth. The balance in his account does not exceed federally insured limits

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