BC Company is an electronic company. Its board members are independent directors. The company receives auditing and tax consultancy services from WYZ Company. Also, ABC hired former WYZ partners as senior financial executives. 1) What is your opinion about the above case? 2) What recommendation(s) would you give to the board of directors? Explain your answer.

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A: Since you have asked multiple question, we will solve the first question for you. If you want any…