Sophie, the CFO of Slalom Ski Supplies, receives an invitation to dinner from Nelly, the...
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Accounting
Sophie, the CFO of Slalom Ski Supplies, receives an invitation to dinner from Nelly, the CEO of one of her company's vendors, to discuss some business. She has dined with Nelly before, generally once a year in a local, moderately priced restaurant. When determining whether this situation presents any significant threats to her compliance with the AICPA code, what other factor should Sophie consider?
a)Whether Sophie truly earned and deserves to be treated to these dinners.
b) Whether Nelly excluded certain other Slalom employees from the invitation.
c) Whether Nelly or others at the vendor provide other gifts or entertainment to her.
d)Whether the meal with Nelly involves the consumption of alcoholic beverages. Confirm
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