Question: Which statement best explains why the SEC has concerns about the independence of a CPA firm that has a business relationship with its audit client?The

Which statement best explains why the SEC has concerns about the independence of a CPA firm that has a business relationship with its audit client?The firm may be overly skeptical about the client's financial position.The firm may depend too heavily on audit fees generated by the client. The firm may have a mutuality of interests with the audit client. The firm may have a conflicting interest with the audit client.

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