At a Minimum to Comply with PCAOB AS 5,an Auditor

question 113

Multiple Choice

At a minimum to comply with PCAOB AS 5,an auditor of a public company that has material transactions processed by a service organization would have to request from the service organization

• A) A description of its internal controls.
• B) A type one service auditors' report.
• C) A type two service auditors' report.
• D) A service organization control (SOC) 3 report.

---

Definitions:

Progressive Matrices Test

A cognitive test involving nonverbal assessments designed to measure abstract reasoning and regarded as a non-verbal estimate of fluid intelligence.

Stanford-Binet IQ Test

A standardized test designed to measure human intelligence and cognitive abilities, originating from the early 20th century.

Administer

To manage or give out, often in the context of providing a test or a dose of medication.

Age 8

A developmental stage in children characterized by growth in cognitive and social skills, often considered part of middle childhood.