When performing an audit, an auditor would most likely be considered negligent if they failed to: A. detect all of the client's fraudulent activities. B. include a negligence disclaimer in the client engagement letter. C. warn the client of any known internal control weaknesses. D. warn the client's customers of embezzlement by the client's employees. 22 D Question 7 0.4 pts The ethical rules state that independence of the external audit firm is considered to be impaired if: A. the audit firm provides management advisory services to the client. B. the audit partner purchases the client's product at normal retail prices. C. the audit firm has served as the external auditor for many years. D. an immediate relative of one of the partners is the beneficial owner of shares forming a material part of the share capital of the client. Previous