Which of the Following Statements Regarding Using the Work of Another

question 12

Multiple Choice

Which of the following statements regarding using the work of another auditor is ?

• A)The group engagement partner will spend more time reviewing the component auditor's work if the component auditor has a good reputation
• B)The group engagement partner will spend less time reviewing the component auditor's work when the component is at risk of material misstatement
• C)The component auditor sets out the work to be conducted by the group engagement partner
• D)The group engagement partner will spend more time reviewing the component auditor's work when the component is at risk of material misstatement

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Definitions:

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