Question: Which statement is accurate regarding the SEC independence rules on bookkeeping services? Bookkeeping services are prohibited if the fees from these services are greater than

Which statement is accurate regarding the SEC independence rules on bookkeeping services?

Bookkeeping services are prohibited if the fees from these services are greater than the audit fee. Bookkeeping services are permitted if the individuals performing these services perform no other services for the client. Bookkeeping services are prohibited even if the client approves the books and records as the services are performed. Bookkeeping services are permitted in most circumstances under the SEC's independence rules if proper safeguards are in place.

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