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Wayne is a partner in the Los Angeles office of CostfirehouseScooper. He owns 100 shares...

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Accounting

Wayne is a partner in the Los Angeles office of CostfirehouseScooper. He owns 100 shares of stock in FV Corp, a publicly-traded company audited by the Greensboro office, but he is not involved with the audit. This is a violation of PCAOB/SEC ethical standards.

True or False?

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