Reference in a Group Auditors' Report to the Fact That

question 26

Multiple Choice

Reference in a group auditors' report to the fact that part of the audit of group financial statements was performed by component auditors most likely would be an indication of

• A) Division of responsibility between the auditors who conducted the audits of the components of the group financial statements.
• B) The portion of the group statements audited by the component auditors not being considered material.
• C) Group auditors' recognition of the component auditors' competence, reputation, and professional certification.
• D) Different opinions the auditors are expressing on the components of the financial statements that each audited.

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