A CPA's financial interests in nonclients may have an effect on independence if the nonclients are investors in or investees of the client. Which situation would not impair a CPA's independence?

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Ethical auditing is a process that assesses how well an organization or company conforms to the ethical standards of its industry or society. It helps to detect any impropriety and demonstrates responsibility as both an employer and a business. Ethical auditing also measures the cultures and behaviors of an organization and determines the extent to which its values are embedded.  Ethical auditing frameworks are protocols that define what is to be audited, by whom, and according to which standards. Ethical auditing tools are conceptual models or software products that help measure, evaluate,... Show more

A CPA's financial interests in nonclients may have an effect on independence if the nonclients are investors in or investees of the client. Which situation would not impair a CPA's independence?