An auditor should not accept a loan on favourable commercial terms from an audit client because of the threat to his or her independence. The threat would be a___________?
AFamiliarity threat
BSelf-interest threat
CAdvocacy threat
DSelf-review threat
Correct answer
B. Self-interest threat
Explanation
Self-interest threat is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.