When Reference Is Made to a Component Auditor, Which of the Following

question 72

Multiple Choice

When reference is made to a component auditor, which of the following paragraphs is modified to include the portion of the group financial statements that were audited by the component auditor?

• A)Auditor's responsibility paragraph
• B)Scope paragraph
• C)Going concern paragraph
• D)Emphasis-of-the-matter paragraph

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Definitions:

Franchise

The right to vote in public, political elections; often discussed in the context of extending this right to different groups historically excluded.

Black Sailmaker

Refers to a historically significant African-American individual or individuals engaged in the craft of making sails, a profession that would have held import both economically and in terms of mobility.

White Employees

Refers to employees who are identified or classify themselves as belonging to the white racial group within the workforce.

Pennsylvania Supreme Court

The highest court in the Commonwealth of Pennsylvania, responsible for the administration of justice and the interpretation of state laws.