Examples of circumstances which may create familiarity threats include all the following except;

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A member of the assurance team having a close or immediate family member who is a director or officer of the assurance client

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Acceptance of gifts or hospitality, unless the value is clearly insignificant, from the client, its directors or employees

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A firm being threatened with dismissal from a client engagement

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A former partner of the firm being a director, officer of the assurance client or an employee in a position of significant influence

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